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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 […]
Post-Arab Spring Tourism Industry: Back in Business
It has been almost two years since the Arab Spring hit the countries of Middle East and North Africa. While some nations have taken a fresh breath of freedom, others have plunged into misery. Day-to-day riots and protests have paralyzed the socio-political functioning of the region, and stifled the tourist industry – the crux of […]
Polisario targeting of civilians in Smara backfires, turns to strategic defeat
The Algeria-based Polisario separatist militias have once again resorted to terrorist tactics by targeting a civilian area in Smara. The attack triggered a wave of international condemnations that highlights a growing strategic setback for the movement, as more countries rally behind Morocco’s approach to resolving the regional dispute. The May 5 attack, which struck near […]



