“The reserves will continue going up.” These are the words of the Governor Hisham Ramez to assure investors and restore confidence in Egypt’s economy. The country’s reserve has fallen by more than 50% since the departure of President Hosni Mubarak. Gulf States have pumped in billions to salvage the economy after the ousting of President […]
Morocco has stepped up its efforts to curb crossings to Spain foiling some 40,000 migration attempts so far this year but pressure remains high on the North African country, head of migration affairs at the interior ministry Khalid Zerouali said. The number of aborted attempts by Morocco’s security forces is up 25% so far this […]
Following Europe’s unpopular attempt to develop its own shale reserves, its attention has now been shifted to Algeria which is using tax breaks to attract investments in its exploration and pipelines lying under the Mediterranean makes Europe much more eager. Algeria has already concluded shale exploration agreements with Eni SpA (ENI), Royal Dutch Shell Plc […]
