Melilla

Shell to divest its South Africa’s downstream business

Shell said it will ditch its downstream business in South Africa by divesting its shares in a local company, ending 120 years of operations there. “Shell has decided to reshape the downstream portfolio and intends to divest our shareholding in Shell Downstream SA (SDSA). Considering SDSA’s illustrious history, this decision was not taken lightly,” the […]

TunisiAir to be sold to Qatar – fired CEO says

Recently fired CEO of Tunisia’s national carrier has alleged that he has been sidelined because the Tunisian state is planning to sell the airliner to Qatar. Elyes Mnakbi was removed early this week by the transport minister after he was cited in an alleged corruption case involving several other officials of the airline. He told […]

Egypt dismisses reports about Israel helping to fight jihadists in Sinai

The army has rejected the New York Times Saturday report that Israel secretly assists with its gunships, unmarked helicopters and drones in the fight against insurgency in Northern Sinai where Egyptian armed forced have been trying to overcome years of terrorist groups’ activities. “Only the Egyptian army is authorized to and does conduct military operations […]