Erdogan-Tunisia

Morocco, Spain Dismantle Terrorist Cell

Morocco’s Central Bureau of Judicial Investigation (BCIJ) and Spanish National Police have dismantled a four-member terrorist cell this Wednesday (Dec.4). The four individuals were arrested during a joint operation with the Spanish National Police. Three suspects, aged between 24 and 39, were arrested in Ferkhana and Bni Nsar in the Northeastern province of Nador. One […]

Mauritania: Gas production in Banda field May Start in Late 2014

Gas production in the Mauritanian Banda field may start in late 2014 or early 2015, it was announced in Nouakchott earlier this week. The construction of a gas pipeline for the Banda gas field, whose reserves are estimated at 500 billion cubic feet, may be entrusted to U.K.-based explorer Tullow Oil Plc (TLW). Construction works […]

Egypt wavering over depreciation or depleting reserves

“Is it better to deplete the reserves or is it better to depreciate the pound?” The question was raised by Egyptian Investment Minister Ashraf Salman during a conference on Sunday, after the Central Bank announced earlier in the day that the net international reserves have fallen to $18.1billion. According to the Investment Minister, “at this […]