As Oil prices continue falling, hitting their lowest level in five years, Algeria launched an SOS calling the Organization of Petroleum Exporting Countries (OPEC) to lower production and restore the oil market balance. “OPEC needs to intervene to lower production and thus remedy the unbalances of the market,” Algerian energy Minister Youcef Yousfi was quoted […]
German Defense Minister Boris Pistorius has indicated that the European country wants to remove its troops from Mali more quickly while maintaining order amid calls by Malian authorities for the removal of the UN mission from the country. Germany has 1,000 soldiers stationed near the northern town of Gao and is assigned to gather reconnaissance […]
Morocco’s OCP group plans to issue an ordinary bond to raise 5 billion dirhams or 500 million dollars as it seeks funding for its ambitious green energy and desalination projects, financial markets regulator AMMC said. OCP, a market mover in phosphates and fertilizers production, plans to go green by 2040 as it forges ahead to […]
