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Ramadan: Egypt unveils EGP 200bn support package to combat rising costs
In a bid to alleviate the burden of rising living costs on citizens, the Egyptian government has announced a substantial EGP 200 billion social support package, which will be implemented during Ramadan and extended into the upcoming fiscal year. Prime Minister Mostafa Madbouly revealed the details of the new initiative on Wednesday February 26, which […]
COP22: World leaders meet to discuss implementation of Paris agreement
Around 200 world leaders will discuss on November 15 how to put into action Paris historical agreement targeting containment global temperature rise at less than 2 degrees at time the year 2016 is predicated the hottest year ever. Political leaders from around world have started arriving in Marrakech, Morocco, since Sunday. UN Secretary General Ban […]
Significant Gas Discovery in Morocco’s Offshore
Chariot energy company announced this Monday a major gas discovery offshore northern Moroccan city of Larache, following appraisal and exploration drillings carried out at the Anchois-2 well within the Lixus licence. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which holds a […]



