OCP plants

Suez Canal revenue more than halved due to Houthi attacks on vessels

Egypt said its revenue from the Suez Canal shrunk by 60% as the Yemeni Houthi rebels continue targeting vessels. “We have lost more than 50-60% of the revenue from the Suez Canal, and over the past 7-8 months, we have lost more than $6 billion,” Egyptian President Abdel Fattah el-Sissi said, warning of the repercussions […]

Mauritanian Upper House Rejects Changing Flag, Own Abolition

The Mauritanian Upper House voted against an amendment package providing, inter alia, for changing the flag to include a red strip representing the blood split during resistance against the French colonial authorities. The Upper House members voted 33 against and 22 in favor of the amendment, which also included abolishing the Upper House and changing […]

KSA: Riyadh cementing role as Arabian superpower

Saudi Arabia’s actions in Yemen could be seen as a move to secure its perimeter as well as discourage Iran from meddling into the affairs of Arab States as extremist groups continue to threaten the security of countries in the region. Riyadh’s capability to mobilize a coalition of Arab countries against the Houthi Movement in […]