Morocco 12 regions

Bouteflika sends his candidacy, commits to organize early presidential elections & to quit

Abdelaziz Bouteflika’s campaign director, Sunday evening presented to the Constitutional Council the incumbent president’s candidacy for a fifth term, only few hours before the deadline for submitting candidacies. According to the official news agency APS, Abdelghani Zaâlane, Bouteflika’s new campaign director, submitted Bouteflika’s candidacy to the Constitutional Council. Abdelghani Zaâlane, Minister of transport, was unexpectedly […]

Biden showcases US-funded Angolan rail hub, pledges $600M for another multi-country railway project

US president Joe Biden, on his visit to Angola to promote the $550 million US-backed Lobito Corridor railway project, has pledged another $600 million for a cross-continent rail corridor, telling regional leaders that “Africa has been left behind for much too long. But not anymore. Africa is the future.” Biden used the third and final […]

Saudi Arabia posts $20.8bn budget surplus in Q2

Saudi Arabia has posted a SR77.9 billion ($20.8 billion) budget surplus during the second quarter of 2022, representing 16 percent increase over the same period last year. The finance ministry said the state’s total revenues during the same period amounted to over SR370.4 billion, up 49 percent year-on-year, while expenditures stood at SR292.5 billion. Oil […]