satellite-mohammed-vi-b

Manama, Riyadh Renew Support to Morocco’s Sovereignty over the Sahara

Bahrain and Saudi Arabia have both renewed this week backing to Morocco’s legitimate rights over its southern provinces and reaffirmed rejection of any attack on Morocco’s supreme interests, sovereignty and territorial integrity. In Manama, the Foreign Ministry renewed in a statement Bahrain’s supportive position to Morocco’s legitimate rights over its southern provinces, and its backing […]

Algeria: Authorities boasts of 350, 000 micro-companies funded since 1996

Algeria’s national agency for youth employment (ANSEJ) Wednesday announced that it has sponsored creation of 350,000 micro-companies nationwide since its creation. According to the Managing Director of the agency, Zouaoui Abdelhamid over one million jobs have been created in those 350,000 micro-companies. Abdelhamid was speaking at company creation fair entitled “micro-company, alternative to oil” organized […]

Algeria: Sonatrach reveals $90 billion investment, Shale gas production set for 2022

Chief Executive Officer of state-owned Sonatrach, Said Sahnoun, asserted that their five-year investment plan will go ahead despite plummeting oil prices. Addressing the ninth North Africa Oil & Gas Summit held in Algiers, he also said that the exploitation of shale oil for production is scheduled for 2022. Analysts believe that the global slumping of […]