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Economy
Libyan Oil Corporation says there are military activities in the elephant field
Libya's National Oil Corporation (NOC) said on Wednesday there were military activities in the elephant oil field, but there were no reports of damage to facilities or casualties.
"We call on all parties to stop operations in the…
Iran has asked to borrow $ 2 billion from Russia to build power stations and railways
Iran has asked Russia for an additional $ 2 billion loan to finance projects including thermal power plants, hydroelectric power generation, railways and subway cars, Russian Energy Minister Alexander Novak said on Saturday.
Tunisia’s foreign exchange reserves rise to $ 6.6 billion, supported by a recovery in tourism
Tunisia's foreign exchange reserves increased to the equivalent of 106 days of imports compared to just 77 days a year ago, supported by a strong recovery in the tourism sector, official data showed on Friday.
Tunisia's foreign exchange…
Morocco issues first international bond in five years
Morocco has issued 1 billion euros of international bonds, a 1.5 percent interest rate and a 12-year maturity, the Finance Ministry said in a statement on Friday.
Demand for bonds issued on Thursday, Morocco's first in five years,…
Algeria buys about 500,000 tonnes of wheat in a tender
Algeria's professional grain bureau bought about 500,000 tonnes of wheat flour in an international tender closed on Wednesday, European traders said on Thursday, adding that the bureau was believed to have paid between $ 223 and $ 224 per…
The spree of selling shares of Alibaba and Aramco fails to bring a surprise to bank fees
A late-year spree of global giant stock sales, led by a $ 13 billion listing of Alibaba in Hong Kong and Aramco's $ 26 billion IPO, failed to provide a corresponding fee to stock market bankers.