Gold and silver seized in Oujda on August 7 by the DGSN.

DRC: Death sentence upheld for eight soldiers indicted for killing two Chinese nationals

A military court in Democratic Republic of Congo (DRC) confirmed the death sentence pressed against eight soldiers including two top commanders for the killing of two Chinese nationals in March this year, in Irumu territory, Ituri, northeast of the central African country. The ruling was announced by the military court of the Ituri after the […]

Algeria’s gas export volumes down 10% in 2022 compared to 2021

The Algerian government has indulged in telling half-truths by focusing on value of gas exports instead of the volume which has dropped 10% to 49.3 billion cubic meters in 2022, down more than 5 bcm from 2021. The drop confirms forecasts that Algeria- which already lost its status as an oil country- will lack capacity […]

IMF Slightly Upgrades Growth Forecast for MENA Region

The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa on the backdrop of a slight increase in oil prices, but maintained its cautious outlook for Saudi Arabia. The Washington-based Fund said in its July 2016 World Economic Update report that the Middle East, along with Pakistan and […]