Business & Economy Bound

Libya: In sign of reconciliation, Tripoli and Tobruk resume air linkF

Flights have resumed between Libya's capital Tripoli and the eastern city of Tobruk after a break of several years, as the division-plagued country takes a further step towards normalcy. A flight from Tripoli of Libya's Buraq Air landed late Wednesday in Tobruk, a...

Morocco: Israir to link Tel Aviv to Marrakesh in JulyF

Israir will launch direct flights between Israel and Morocco's Marrakesh in July, the Israeli carrier said on Tuesday, six months after the two countries reached a US-backed normalisation deal. "The first flight will take place on July 19 from Tel Aviv to Marrakesh,"...

Economy: IMF to pump $5 billion more into EgyptF

IMF staff on Tuesday announced they had reached an agreement with Egypt over an economic program that would release the final tranche of a $5.2 billion loan approved last year. Once approved by the board of the International Monetary Fund, the second performance...

Morocco is finally about to legalize use of cannabis, but not for recreational purposes yetF

Moroccan lawmakers on Wednesday approved a law legalising the therapeutic use of cannabis, bringing one of the world's biggest producers of hashish a step closer to green-lighting the major reform. The lower house of parliament adopted the text on the lawful use of...

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