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Libya: National Oil Corporation head resigns over health issues, acting Chief appointed
Farhat Bengdara, the head of Libya’s National Oil Corporation (NOC), has resigned due to health concerns, and Masoud Sulaiman has been appointed as the acting chief, the state-owned company confirmed on Thursday January 16. The resignation was accepted by Abdulhamid al-Dbeibah, head of the Government of National Unity, with Sulaiman now overseeing operations until a […]
Chinese company considers $2bn investment in cast-iron pipes, steel industry in Egypt
Shen Ching, a Chinese company producing cast-iron pipes and steel industry, has announced plans to invest $2 billion in Egypt’s Suez Canal Economic Zone. Head of the Chinese firm, He Kijo, made the announcement during a meeting with Prime Minister Mustafa Madbouli in Egypt. The project is set to be built on an area of […]
Algeria : State to collapse if regime change fails
A coalition of opposition parties in Algeria composed of three Islamist parties and two other parties has voiced out its opinion on the present political situation. Algeria held presidential elections barely two months ago and the incumbent president was reelected for a fourth term. The coalition has called for a “real” regime change and urged […]



