West, China must ‘urgently’ cooperate to avert Africa’s debt distress

The West and China should seek deeper cooperation over Africa’s debt conundrum in 2023, without which many countries on the continent will face debt distress and defaults, a new research paper by Chatham House warns. The report warns that although China’s lending to Africa did not cause the current African debt distress in most cases […]

Arab Information Ministers Council commends Bayt Mal Al-Quds for supporting Jerusalem inhabitants

The Executive Office of Arab Information Ministers Council hailed the efforts made by Bayt Mal Al-Quds Asharif Agency, the executive arm of Al-Quds Committee chaired by King Mohammed VI, for supporting the Palestinian people and preserving the Arab and Islamic identity of the holy city. In a resolution adopted at the end of its meetings, […]

Sound Energy Consolidates its Portfolio Across Eastern Morocco

Sound Energy has stricken a deal to acquire all of Oil & Gas Investment Fund’s (OGIF) assets in Eastern Morocco – that includes 20% Tendrara, 75% of the Meridja project and a 75% stake in acreage close to Tendrara. Sound Energy will thus acquire the OGIF’s hydrocarbon assets in eastern Morocco in exchange for 272m […]