Doha is envisioning the establishment of sea links with North Africa from its mega Hamad port in a bid to expand foreign trade and dodge the isolation imposed on it by its neighbors. The future links will also enable the tiny Gulf country to reach European countries to the happiness of businessmen. The sea route […]
Algeria risks becoming a net gas importing country as its domestic production continues to be devoured by a rising consumption that could turn the country into a net gas importer in ten years, head of oil and gas at the ministry of energy Mustapha Hanafi said. Domestic gas consumption has grown faster than gas production […]
The Governor of the Egyptian central bank, Hisham Ramez, has said that they have converted $2,5billion into 18-month notes and there are ongoing plans to convert an extra $3 billion into three-year bonds. The monies were provided by Qatar as deposits to the bank as part of its efforts to help Egypt overcome its crisis […]
