Italian company Maire-Tecnimont-

Algeria: Government shelves equipment projects due to oil prices collapse

The Algerian daily Liberté announced Monday that the government has decided to freeze all equipment projects it was planning to carry out due to acute slash in oil revenues. The Algerian government whose economy largely hinges on oil revenues is unable to forge ahead with its large and nationwide equipment projects plan to refurbish its […]

Somalia: at least 100 killed, 300 injured in “heinous” Mogadishu car bombing

There has been huge increase in death toll from the two successive car bombings in Somalia’s capital Mogadishu Saturday (29 October), blamed on the Al-Qaeda-allied al-Shabab terrorist organization, which has seen at least 100 killed and close to 300 others injured. Somalia’s President Hassan Sheikh Mohamud made the announcement after visiting the site of the […]

Ryanair accuses Portugal of blocking “unlawfully” new routes to Morocco

Low-cost airline company Ryanair has accused Portuguese authorities of “unlawfully” blocking three new routes to Morocco causing the cancellation of flights for over 3,000 Portuguese passengers on Oct.31. “This is a clear breach of the EU Open Skies Agreement in place with Morocco”, said Ryanair in a press release, noting that the company has operated […]