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Egypt gets $12bn investment plan from BP and DEA
British Petroleum (BP) and Russian-owned DEA have agreed a partnership investment of $12 billion in Egyptian gas fields in the West Nile Delta with the hope of producing five trillion cubic feet of gas resources and 55 million barrels of condensates when the project is completed in 2017. The investment plan is being described as […]
Algeria: 3 new production factories come to light
Several agreements have been signed between Algeria and Qatar. The agreements concern energy, mining, industry and technologies and will be creating thousands of jobs in Algeria. The Bellara steel plant project for the production and the marketing of four million tons of steel products per annum is one of the agreements which will be launched […]
Moroccan tourism authority inks deal with Israeli airline Israir to promote Morocco destination
Morocco’s tourism authority, ONMT, has signed a deal with Israeli private carrier Israir to promote the kingdom destination as both countries boost ties. ONMT in a statement issued on Tuesday indicated the deal, signed by ONMT Director Adel El Fakir, and owner of Israeli airline Rami Levi, will enable Israir to operate two weekly flights […]



