Egypt and Russia conclude joint naval exercise in Mediterranean
Egypt and Russia have concluded their joint naval exercise, Bridge of Friendship, held over several days in the Mediterranean, according
Libya’s Central Bank (CBL) has announced an allocation of some $3 billion to all operational banks in the coming months. The initiative comes after a meeting held last week by CBL Governor Naji Issa with general managers from Libya’s major banks. The issues discussed included the urgent need to resolve the liquidity crisis, which has been restricting banks from being able to meet customer demands and support economic growth. As a result, the CBL suggested enhancing electronic payment services, which would create a more efficient banking environment, while allowing for more timely transactions.
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