The head of the Central Bank of Libya’s media office says the bank intends to sue deputy interior minister Salih Mazig, claimining he failed to properly deal with a cash heist in Sirte last year. [Libya Monitor (sub.-required)]

 

Libya’s oil sector took another big step back to normality with the restarting of an oilfield that could double its current meager crude output, a week after blockades ended at major ports. The 340,000 barrels per day El Sharara oilfield has resumed operations after protesters ended a four month strike, state-run National Oil Corp (NOC) said yesterday. [Reuters]

 

Morocco’s Prime Minister Abdelilah Benkirane told lawmakers in live TV broadcast that the IMF has agreed to renew liquidity line for the government t of Morocco. He said that the $4b liquidity line would replace the $6.2b facility set to expire in August. [Bloomberg]

 

Tunisia: Increase in the number of strikes
The number of strikes increased by 6 percent during the first six months of this year compared with the same period last year. According to figures from the Ministry of Social Affairs, the number of working days lost due to strikes posted a 31 percent increase over the same period. However, figures show that the number of businesses affected by strikes fell by 19 percent. [African Manager] 

 

 

 

 

Egypt: Despite austerity, spending in new budget is close to last year’s | Mada Masr

Egypt Juhayna CEO: Food prices seen 2 percent rise on fuel subsidy cut | Amwal Al-Ghad

Libya’s $66 billion wealth fund replaces chairman amid probe | Bloomberg

Morocco: Doing Business Report 2014 | World Bank

Moroccan gov’t to give taxi owners money to upgrade vehicles | Moroccan Times

Joint press statement on the EU-Morocco negotiations | EIN

Tunisia: AfDB gives $75 million to ETAP | African Manager

Yemen: Doing Business Report 2014 | World Bank