Egypt signs $13m contracts with three gold mining companies

Egypt has given five new gold exploration contracts worth $13 million to three mining companies in the back of 11 others. The contracts, Arab Finance reports citing a cabinet statement, include a $9 million (EGP 141.49 million) agreement with Canada’s Lotus Gold to explore 11 blocks; a $3 million (EGP 47.16 million) deal with Mining […]

UN Secretary General Voices Concern over Food Shortage in Tinfouf Camps

The UN Secretary General, Antonio Guteres, expressed deep concern over the shortage of food supplies sent to the population held in the Polisario-run camps in southwestern Algeria. “The Secretary-General is deeply concerned over the plight of tens of thousands of Sahrawi refugees in Algeria, who will have their food rations cut due to lack of […]

Morocco’s Tanger-Med ranks fourth in latest Port Performance Index

Tanger-Med is the fourth top-performing port in the world, according to the latest global Container Port Performance Index (CPPI). The Moroccan port is ahead of all European and African ports for the second consecutive year. Developed by the World Bank and S&P Global Market Intelligence, the fourth edition of CPPI is based on the biggest […]