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Significant Gas Discovery in Morocco’s Offshore
Chariot energy company announced this Monday a major gas discovery offshore northern Moroccan city of Larache, following appraisal and exploration drillings carried out at the Anchois-2 well within the Lixus licence. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which holds a […]
Egypt’s wheat imports increase by more than $2Bln during 1st half of 2024
Egypt’s wheat imports significantly increased in the first half of 2024, rising to $2.324 billion from $1.785 billion in the same period of 2023, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). Wheat remains a crucial staple food for the country, contributing to the overall rise in raw material imports, which reached […]
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 […]



