Police forces Friday prevented critical Media El Watan from moving to its news headquarters although it was in possession of official permit, reports say. A police unit stopped the El Watan staff from joining the new location. “Police blocked access to the building and rounded it. They did not give any explanation. They only indicated […]
Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]
The Abu Dhabi Fund for Development, ADFD, is set to finance the upgrading of a fishing port in Mauritania to boost the local industry. The ADFD’s funding, $7.9 million, will be used to renovate the Tanit Fishing Port including the building of an ice factory, the Gulf country’s state-run news agency WAM reported. The project, […]
