Casablanca Mohammed-V airport

Syria: US-led coalition “not serious” and unhelpful, President Assad

President Assad has labeled the US-led coalition against ISIS as unserious because they have been ineffective. He said “IS was created in Iraq in 2006 under the supervision of the Americans.” Assad acknowledged that he called on Hezbollah to help his forces fight against the different rebel groups in Syria but refuted claims that there […]

Central Bank of Mauritania suspends Société Générale Mauritanie buyout by Burkina Faso-based Coris Holding

The Central bank of Mauritania, BCM, has reportedly suspended the acquisition of Société Générale Mauritanie, the subsidiary of Paris-based Société Générale, by Burkina Faso-based Coris Holding over an alleged fraud accusation leveled at Coris. Société Générale in June 2023 announced the sales of several of its subsidiaries in the southern Sahara including Mauritania. The bank […]

Algeria’s weakening gas and oil export capacity cast shadow on fragile social peace

Algeria’s dim reality is that it has an endemic reliance on gas and oil for over 95% of its exports as well as for generous subsidies to maintain social peace. But will Algeria be able to continue to export gas and oil amid a rise in domestic consumption? This is the scenario that the military […]