Moroccan sahara city of boujdour

Texas-based Apache Corporation contemplates investing $1.4 billion in Egypt in 2024

Texas-based Apache Corporation will inject additional $1.4 billion into the Egyptian oil sector, the company’s CEO John Christman told Egyptian Prime Minister Mustafa Madbouly on Sunday August 20. Apache Corporation is the USA’s largest investor in the North African country oil sector. The company according to Egyptian authorities, is poised to pump more investments and […]

Tunisia: Tourism Minister Demands Apology after French MP Called for Boycott

Tunisian Minister of Tourism René Trabelsi has strongly denounced comments made by a French-Jewish MP who called for boycotting Tourism in Tunisia. The French lawmaker, Meyer Habib, from the Union of Democrats and Independents slammed, in a Facebook post, Tunisian President Kais Saied, who reportedly ordered the ministry of sports to launch a probe into […]

Morocco’s trade deficit narrows on lower energy imports

Morocco’s trade deficit shrank 6.5% as the country’s energy imports dropped 20%, Morocco’s foreign exchange office said. Energy imports stood at 69 billion dirhams, offsetting a drop in phosphates and fertilizers exports by 40% to 40.8 billion dirhams, due to lower prices. State-owned phosphates and fertilizers producer said a few days ago its sales were […]