Sonatrach, a state owned energy group, has renewed its efforts towards increasing its production levels in oil and gas with the approval of a $100billion investment plan in the next five years. The production of shale gas before 2020 is also part of their plans. The approval of the plan came ahead of the opening […]
Egypt will be receiving the remaining $1billion within two months from Turkey after satisfying the conditions attached to the $2billion loan agreement concluded last year to support its budget deficit. Turkey’s Eximbank will be handling the transactions. The money is needed by Egypt to suppress its problems as the government continues to run out of […]
Two Mauritanians kidnapped in Mali on July 18 along with three Chinese nationals were released on Tuesday, a source close to the Mauritanian government said. The five men were abducted during an attack on a road construction site some 55 km from the town of Kwala in southwestern Mali, not far from the Mauritanian border, […]
