RABAT, Jan 30 (Reuters) - Morocco's Attijariwafa Bank plans to build its own Islamic finance business rather than tying up with a foreign partner, it said on Friday, as the north African country opens up to sharia-compliant banking.
CAIRO, Jan 26 (Reuters) - Dubai's Emaar Properties will submit plans to float its Egyptian unit to the North African country's regulator "within days" ahead of an initial share sale earmarked for the second quarter, two sources aware of the matter told Reuters.
TRIPOLI, Jan 20 (Reuters) - The United Nations on Tuesday called on Libya's warring factions to maintain a ceasefire agreed as part of U.N.-backed negotiations, amid reports of continued fighting in parts of the North African country.
ANKARA, Jan 8 (Reuters) - Turkey urged all of its remaining citizens to leave Libya amid worsening security in the north African country following a threat made on a Facebook page to shoot down Turkish aircraft.
significantly, non-OPEC oil production has remained relatively stable. And, despite unrest throughout the Middle East, North Africa and Russia, production volumes have remained resilient. In direct response to the rapid fall in oil prices since July
owns and operates power generation and supply in the U.K. and the Netherlands, and renewable energy assets in Europe and North Africa . About half of its profits are earned in Germany. The collapse in wholesale power prices throughout Europe and the march
North America's energy boom has increased supply, augmented by surprisingly strong production out of the Middle East and North Africa despite political turmoil in that region. At the same time, the demand outlook has weakened, with many economies around
BENGHAZI/TRIPOLI, Dec 22 (Reuters) - Fighting between Libya's competing governments has spread to a third oil port, curbing gas exports to Italy and cutting crude production to less than needed to cover the North African country's own domestic requirements, officials said.
and have an active approach to reviewing potential long-term opportunities therein. How We Got Here Over the past year, North African and Middle Eastern production disruptions have made room for the United States and Saudi Arabia to add supply. Growth in
turbulence, Egypt is showing early indications of a recovery. Having ended the second quarter on an optimistic note, the North African economy reported more positive data during the third quarter. For instance, the HSBC Egypt Purchasing Managers’ Index