fekhar

RAMSAR Convention: Algeria’s suffers setback after unanimous rejection of its draft resolution at COP-14

Algeria was dealt a slap in the face after the Contracting Parties to the Ramsar Convention on Wetlands have unanimously rejected a draft resolution submitted by Algiers, seeking to revise the Ramsar Criteria, and downgrade sites on the Ramsar List. During the 14th Conference of the Contracting Parties to the RAMSAR Convention on Wetlands (COP14), […]

EU to loan Egypt €1.1bn for financing three transport projects

The European Investment Bank (EIB) will loan Egypt by year’s end €1.1 billion in form of financing package for the implementation of three transport projects in the Arab country. The package will come in two installments. The first tranche will take place in December and valued at €600 million, the Egyptian cabinet said in a […]

Libya : First oilfield freed days after New Year

The Libyan government has finally been able to convince the protesters occupying the EL Shararaoilfield to free it for production. The announcement came at a point when Tripoli is facing financial problems due to the occupation of almost all the oil ports. Production at the site is expected to begin before Monday and it will […]