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The Arab World

Tunisian govt to loosen drug laws

(Al Arabiya)- Tunisian government met Wednesday to discuss adopting a new system of penalties regarding drugs that exclude jail time for the first and second offense. An official statement run by the state news agency said that the draft law on drug intends to repeal “the law number 52 dated...

Libya sovereign fund assets must remain frozen

One of the would-be chairmen of Libya's $67 billion sovereign wealth fund said Monday that it would be wrong to unfreeze the fund's assets following last week's agreement to form a national unity government. AbdulMagid Breish, one of two rival chairmen of the Libyan Investment Authority (LIA),...