Israel
AI exports flatter Israel’s GDP, Moody’s says
Moody’s has raised its growth forecasts for the Israeli economy, but cautions that the stronger headline figures overstate the health of domestic activity.
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya's national oil corporation (NOC) said on Saturday.
The drilling had been halted due to the civil war © Mena Today
Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya's national oil corporation (NOC) said on Saturday.
NOC also said in a statement that Eni had started drilling in an area of Ghadames basin on Saturday.
Reporting by Enas Alashray, Hatem Maher and Ahmed Elumami
Moody’s has raised its growth forecasts for the Israeli economy, but cautions that the stronger headline figures overstate the health of domestic activity.
Turkish authorities ordered the detention of six people, including the former Capital Markets Board deputy chair, as part of the investment fund investigation, broadcaster NTV reported on Tuesday.
The Tel Aviv Stock Exchange suffered one of its worst sessions in months after the election produced no clear winner, wiping out all its October gains. The shekel tumbled, long-term government bonds fell and the local volatility index jumped 30%.
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