Algerian Chengriha

Mauritania Signs $30 Million Budget Support Agreement with OPEC Fund for International Development

On Tuesday, December 16, Mauritania’s Minister of Economic Affairs and Development, Dr. Abdallahi Ould Souleymane Ould Cheikh Sidiya, received a delegation from the OPEC Fund for International Development (OFID) in Nouakchott to sign a US$30 million budget support agreement. The delegation was led by Dr Mahmoud Khan, Director of Operations for Africa, and included Mr. […]

Algerian rulers are running out of conspiracy theories

The Algerian regime has pushed its conspiracy theories to an absurd level as it continues to use domestic and foreign actors as scapegoats to blame for its self-inflicted authoritarian flaws which left its democracy-yearning youth impoverished and its economy heavily dependent on the price of the barrel. The regime is now evoking the “black decade” […]

Egypt, Israel Seal $15 bln Gas Deal

Israeli Delek Drilling company announced that it signed a $15 billion agreement to export gas to Egypt, a deal described as most significant since 1979. The agreement reflects the deepening strategic ties between the two countries as well as Cairo’s ambitions to become a regional energy hub. Israeli Prime Minister Benjamin Netanyahu welcomed the agreement […]