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AngloGold Ashtanti acquisition of $2.5B Centamin Company
AngloGold Ashanti has reached an agreement to acquire Centamin Company in a transaction valued at around $2.5 billion. This acquisition will grant AngloGold control over the Sukari mine in Egypt, a renowned gold mine globally. Upon finalization, AngloGold shareholders are set to possess approximately 83.6% of the company, while Centamin investors will retain about 16.4% […]
Tunisia: Water Scarcity Hits Country, People Called to Pray for Rain
The warning launched last month by Watchwater, Tunisia’s citizen water observatory, about a “thirst uprising” is becoming increasingly evident. The observatory had warned that “the failure to find urgent and sound solutions will increase protests across the country.” The authorities are aware of the problem but have no solution at hand. State Secretary for Water […]
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 […]



