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AngloGold Ashtanti acquisition of $2.5B Centamin Company

AngloGold Ashanti has reached an agreement to acquire Centamin Company in a transaction valued at around $2.5 billion. This acquisition will grant AngloGold control over the Sukari mine in Egypt, a renowned gold mine globally. Upon finalization, AngloGold shareholders are set to possess approximately 83.6% of the company, while Centamin investors will retain about 16.4% […]

Tunisia: thousands march against corruption amnesty bill

Tunisians this weekend marched through the streets of capital city Tunis to protest against a bill that would grant amnesty to businessmen, accused of corruption under the former administration. Under the draft bill, corrupted businessmen would be spared any prosecution if they reveal the stolen funds and pay them back. Protesters claim the bill contradicts […]

Egypt: Minor Arrested for Plotting to Overthrow Regime

Egyptian authorities charged on Thursday a 16-year old boy for plotting to overthrow the government. Omar al-Brashi, a first year high school student was arrested while he was sitting for an exam at his high school in the northern port city of Damietta. He has been charged with international espionage, affiliation to a prohibited group […]