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Sonatrach financial hurdles, Algeria’s economic agony
Economists have long warned the Algerian regime of an impending Venezuelan scenario as the country put off reforms leaving the economy dependent since independence on oil and gas sales of its state-owned company Sonatrach. The company, which aspired to be among the top 5 global oil and gas companies globally in 2030, hit the cliff […]
Egypt launches gold investment Fund
Egypt’s Financial Regulatory Authority’s (FRA) has launched the country’s first gold investment and first ever minerals investment Fund. The fund is part of the FRA’s plans to support the government’s efforts to boost financial and investment inclusion and develop an inclusive non-banking financial sector with a catalytic role in enhancing the economy, Arab Finance reports. […]
Sahara: Serbia supports Morocco’s territorial integrity
Serbia has reiterated its strong backing to Morocco’s sovereignty over its Sahara and to its territorial integrity. The Serbian supportive stand was voiced by Speaker of National Assembly Ivica Dačić at a meeting held Wednesday in Rabat with Moroccan foreign minister Nasser Bourita. The two officials expressed satisfaction over the excellent historical ties existing between […]



