Latest Briefs - Page 11
591 articles
Libya clamps down on currency smuggling with new import restrictions
Libya's Ministry of Economy and Trade has imposed sweeping new controls on commercial imports, aiming to halt the outflow of hard currency through fraudulent letters of credit and under-invoiced shipments. The ban on informal imports takes effect September 30.
US Africa Command launches Phoenix Express 2026 in Tunisian waters
Phoenix Express 2026 has commenced at the Port of La Goulette in Tunisia, uniting Moroccan, Tunisian, US and European naval personnel in a high-stakes exercise to sharpen maritime security operations across the southern Mediterranean.
Libya arrests sabotage cell after drone strikes hit key energy sites
Libya's UN-backed government says it has dismantled a sabotage cell accused of orchestrating a wave of drone attacks on vital oil and electricity infrastructure in Zawiya and Tripoli, arresting five suspects and warning of a broader plot targeting the country's energy sector.
Tunisia plunges to record low in global investment freedom ranking
Tunisia has fallen to 164th out of 175 countries in the 2026 Investment Freedom Index, scoring just 20 points and highlighting severe obstacles for investors as regional competitors surge ahead.
Egypt pursues AIIB funding for climate resilient infrastructure projects
Egypt is intensifying talks with the Asian Infrastructure Investment Bank to secure financing for sustainable and climate resilient infrastructure, aiming to leverage its geographic position to connect Asian capital with African development priorities.
Tewassoul Demands Overhaul of Construction Oversight After Maal Tragedy
After a fatal construction collapse in Maal, the Tewassoul party is pressing for sweeping reforms to Mauritania's building oversight, demanding rigorous technical and administrative controls to prevent further loss of life and property.
Julyana Free Zone Port sets new record for vessel arrivals in August
Julyana Free Zone Port registered its highest monthly vessel traffic in August, handling 93 commercial ships across diverse cargo types. The surge signals a shift in regional trade flows and growing confidence among shipping operators and merchants.
Libyan Government Uncovers Coordinated Drone Plot Against Energy Infrastructure
Libya's Tripoli-based government has dismantled a sabotage cell behind suicide-drone attacks on oil and power facilities, exposing a coordinated campaign targeting the country's critical energy infrastructure during a period of acute service pressure.
Algeria Launches Half Price Rail Card as SNTF Targets Ridership Surge
Algeria's SNTF has introduced a half price rail card, slashing ticket costs by 50 percent across its network and offering flexible subscription options. The move is designed to boost passenger numbers and strengthen regional rail connections, including the Annaba Tunis route.
Al-Ittihad Forces Record Transfer for Hadj Moussa After Feyenoord Standoff
Al-Ittihad has secured Algerian international Anis Hadj Moussa from Feyenoord in a €40 million move, shattering the Dutch club's sales record and highlighting the Gulf's growing pull on North African talent. The deal awaits only a final bank guarantee.
NATO Warships Dock in Oran for Joint Exercise with Algerian Navy
Two NATO warships from Greece and Italy have docked in Oran for a three-day stopover, culminating in a PASSEX naval exercise with Algeria. The visit signals Algeria's ongoing strategy of balancing military partnerships across Europe and Russia.
Algeria targets arsonists and child abductors with new death penalty law
Algeria's government has approved a targeted death penalty for arsonists and child abductors, fast-tracked wildfire compensation, and set new priorities for rail and education. The moves signal a hardening stance on crime and a push to restore state capacity after recent crises.
Garnest sets aggressive growth targets for Egypt vacation rental market
Garnest, a vacation rental booking platform, is pursuing rapid expansion in Egypt with ambitions to reach 100,000 customers and 10,000 accommodation listings after an initial surge in users and properties. The company is also preparing to diversify its travel services.
Masyaf Ras Al Hekma construction accelerates as phase two launches
M squared has reached 41 percent construction completion at Masyaf Ras Al Hekma, with phase two now underway and 70 percent of units sold. The project is expanding its commercial and lifestyle offerings as it targets full delivery by 2027.
Modon Developments accelerates Green River Tower construction in New Capital
Modon Developments has committed EGP 5bn to the Green River Tower in Egypt's New Administrative Capital, with construction now over halfway complete and a push to deliver the project within eight months. The tower will offer commercial, office, and hotel space.
Comoros launches solar power plants to cut diesel reliance
Three solar power plants with battery storage have gone live in the Comoros, targeting a 13 percent share of national electricity demand and aiming to reduce the country's near-total dependence on imported diesel. The project is financed by the UAE and operated by Global South Utilities.
Spanish and Libyan Chambers Drive Direct Business Engagement in Tripoli
Spanish and Libyan business leaders are accelerating commercial ties with a multisector mission in Tripoli, leveraging direct air connectivity and targeted B2B meetings to unlock new trade and investment opportunities across food, tobacco, and electrical sectors.
Harouge Oil Operations lifts output with new Amal Field well
Harouge Oil Operations has brought its B79A replacement well online at the Amal Field in Libya, adding 2000 barrels per day to production as part of a targeted 2026 capacity expansion. The move signals renewed momentum in Libya's oil sector.
US Business Delegation Defies Travel Warning to Pursue Libya Projects
American executives landed in Benghazi for the Libyan-American Development and Reconstruction Forum, pushing for concrete partnerships and project launches even as the US State Department maintains its highest-level travel warning for Libya.
Tebboune Eyes Madrid Visit as Algeria and Spain Reset Ties
Algeria and Spain are preparing for a pivotal diplomatic reset, with President Abdelmadjid Tebboune expected in Madrid this October. Energy exports and migration controls are at stake as both sides seek to move past years of rupture.
Oran Surges Past Algiers in Global Mobile Internet Speed Rankings
Oran has leapfrogged into the global Top 50 for mobile internet speeds, joining Algiers and placing Algeria alongside digital leaders like South Korea and the US. The country's telecom infrastructure is undergoing a rapid transformation with record-breaking gains.
Algerian Court Jails Impostor Who Posed as Prime Minister's Son
An Algerian man who impersonated the Prime Minister's son to orchestrate a high-value fraud has been sentenced to six years in prison, exposing persistent vulnerabilities in public trust and the enduring lure of privileged access in Algeria's economy.
Mauritania Deep Water Drilling Surpasses Target Depth in Tintane
Mauritania's Ministry of Hydraulics and Sanitation has confirmed that experimental drilling in Tintane has reached 518 meters, exceeding the original 500-meter target. This milestone marks a significant step in the country's search for deeper groundwater resources to address water scarcity.
Libyan Health Union Warns of Talent Exodus Over Foreign Recruitment
The Health Sector Movement Union has escalated its protest against the Tripoli government's decision to hire 200 Syrian medical professionals on high US dollar salaries, warning this move could accelerate the loss of Libyan healthcare talent and further destabilize the sector.
Algeria Post Escalates Response to BaridiMob Account Hacks
A surge in sophisticated online scams targeting Edahabia cards and BaridiMob app users has forced Algérie Poste to launch a nationwide emergency protocol, demanding immediate action from customers to protect their funds and report cyberattacks.
Euro Surges on Algeria's Parallel Market as Currency Pressures Intensify
The euro has jumped to 27,700 dinars per 100 euros on Algeria's parallel market, breaking weeks of stability as dwindling summer inflows and surging demand from students and car importers squeeze currency supply and expose persistent market imbalances.
Algeria Launches Probe into Billions in Suspect Import Requests
Algeria's Ministry of Commerce has opened a sweeping investigation after thousands of small firms filed import requests worth over $130 billion, raising red flags over possible fraud and regulatory evasion in the country's trade system.
Egypt launches unified regulatory guide for consumer finance sector
Egypt's Financial Regulatory Authority has released its first comprehensive guide for consumer finance companies, consolidating all rules on licensing, governance, customer protection and digital compliance. The move aims to tighten oversight and raise sector standards as non-bank finance expands.
Egypt launches 25000-unit rent to own housing drive for young families
Egypt's government is opening applications for 25000 new rental and rent to own housing units from 20 September, aiming to expand affordable housing access for young people and low income families in 26 cities nationwide.
Egypt launches EU partnership to overhaul technical education for industry
Egypt has joined the EU-backed AlignVET project, aiming to redesign technical and vocational education by embedding industry requirements into curricula. The initiative targets the ready-made garments and home textiles sector, with manufacturers shaping training to match real factory needs.
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