The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]
Morocco’s industrial sector began 2026 on a subdued note, with production flatlining and sales volumes retreating across several key branches, according to Bank Al-Maghrib’s monthly business conditions survey for January. The central bank’s data showed overall capacity utilization settling at 77 percent, a reading that reflects the uneven performance across the country’s main industrial segments. […]
Another Mediterranean migrant tragedy occurred Thursday off the Libyan coast when nearly 40 African migrants, including at least seven children, lost their lives while trying to reach Italy. According to the UNHCR, all the victims are believed to have been from sub-Saharan countries such as Senegal, Mali and Benin. Survivors, who were picked up by […]
