Mohammed VI Cup: Morocco’s Raja and Wydad fined over fans’ behavior

The Union of Arab Football Associations, UAFA, has slapped a $57,000 fine on Raja Casablanca because of fans’ inappropriate behavior during the Nov. 23 tie with city rival Wydad as the two clubs clashed for the last 16 match of the Arab Club Championship also known as the Mohammed VI Cup. Raja axed Wydad 5-5 […]

ConocoPhilips leaves Algeria to Petramina

ConocoPhilips has announced the sale of its subsidiary in the North African country of Algeria in a deal worth more than a billion dollar. According to the announcement from the company, it has agreed to sell its Algerian business unit for a total of US $1.75 billion plus customary adjustments to Pertamina. The deal involves […]

Angola, DRC close to settling 50-year oil block dispute to become joint holders

Angola and the neighboring Democratic Republic of the Congo (DRC) are reportedly inching towards a settlement of a 50-year dispute over one of their offshore oil blocks, which may also pave the way for the expansion of collaboration between the two countries in various sectors. If successful, the deal could help reduce tensions between the […]