Algeria’s Sonatrach signs $1 billion gas plant deal

India-based conglomerate Larsen & Toubro has signed an agreement with Algerian state-owned Sonatrach to develop three new gas treatment and compression plants on pre-existing gas fields in the North African nation. The agreement comprises detailed engineering studies, supply management of materials for the construction, trials and commissioning, training of personnel and operational assistance. The plant […]

National reconciliation, a necessity whatever the cost, Tunisian President

Tunisian President Beji Caid Essebsi said national reconciliation is a must and a necessity but it should not be used to settle scores since each and every one will be responsible for the actions committed. Speaking at the opening ceremony of a conference on strategic planning in Tunisia, the President said the country needs to […]

Egypt : Giant $4 billion Suez Canal II project announced

President Al Sisi has announced that a “giant project” will be launched at a tune of $4billion for the construction of a canal parallel to the Suez Canal. The project is expected to increase trade and also double the country’s earnings by more than 100%. The Suez Canal is an important sea route but militants […]