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Algeria’s energy revenues to plunge by $10 bln deepening financial crisis
Algeria’s oil and gas revenues will be reduced by $10 bln to $23 billion as the country struggles with a surge in spending in a heavily subsidized economy. Algerian officials rang the alarm bell as to the deteriorating financial indicators as a result of dwindling energy revenues which represent more than 90% of exports. To […]
Egypt, Eni ink oil exploration, exploitation deal worth $1bn
The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with the Italian giant energy group Eni for oil exploration and exploitation in the Gulf of Suez and Nile Delta regions worth $1 billion, Arab Finance reports, citing a statement by the Ministry of Petroleum and Mineral Resources. The deal signed by Minister of Petroleum […]
Morocco or the social big bang under the reign of King Mohammed VI – French Magazine
French Magazine Le Point has highlighted the progress scored by Morocco over the past twenty years, under the reign of King Mohammed VI, in various fields, particularly social ones. In a long story published Monday on the occasion of the 61st birthday of King Mohammed VI, under the eloquent title “Social protection, women’s rights: Morocco […]



