Israel
Innovation fuels Israel’s economic strength
Fourteen months into the war, there are at least three signs that the Israeli economy still enjoys the confidence of investors.
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
Fourteen months into the war, there are at least three signs that the Israeli economy still enjoys the confidence of investors.
Libya's eastern-based government said in a statement on Wednesday that it had agreed on a proposal to end fuel subsidies and would prepare a mechanism to implement the agreement.
Expectations of a Turkish central bank rate cut strengthened on Wednesday after a less-than-requested minimum wage hike, economists said, as it showed the government's determination to reach disinflation targets.
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