foreign troops in Iraq

Morocco to sell 8% of the capital of Maroc telecom

The Moroccan government notified on Friday the largest telecom operator in the country, Maroc Telecom, that it will sell 8% of the capital of the country. The sale will reduce the share of the Moroccan state in the company to 22%, with the majority of stakes up to now owned by the UAE’s Etissalat. “Maroc […]

Libya: Operations onshore Sirte Basin transferred to new company

Operations onshore Libya’s Sirte Basin were transferred by Wintershall Aktiengesellschaft (WIAG) to Sarir Oil Operations (SOO), a newly established joint operating company with the National Oil Corporation (NOC). The transfer concerns operatorship of Contract Areas 91 (former Concession 96) and 107 (former Concession 97), wintershall said in a press release. After the signing of two […]

Palestinian President Calls for Peace Conference by mid-2018

President of the Palestinian authority Mahmoud Abbas called for convening an international peace conference by mid-2018 to find a solution to the stalemate, describing the situation of the Palestinian people as “no longer bearable”. In an address to the UN Security Council Tuesday, Abbas slammed the US unilateral decision to recognize Jerusalem as capital of […]