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Egypt in talks with five financial institutions to finance Aswan-Toshka railway project

Egypt is negotiating with five international financial institutions funding for planned Aswan-Toshka railway project linking the Arab republic to neighboring Sudan, reports say. The European Bank for Reconstruction and Development, European Investment Bank, World Bank, Asian Infrastructure Investment Bank, and Islamic Development Bank, Arab Finance reports citing Al Mal. The media did not disclose the […]

Algeria unhappy with UN Secretary General Sahara Envoy nominee

The Algerian regime has instructed its mouthpieces to criticize the UN Secretary General’s choice for the upcoming Envoy for the Sahara in a move that further reflects Algiers isolation in the international scene. Pro-military media including El Watan wrote diatribes attacking Antonio Guterres and accusing him of supporting Morocco by choosing former Romanian Prime Minister […]

Algeria, net gas importing country in 2030, official

Algeria risks becoming a net gas importing country as its domestic production continues to be devoured by a rising consumption that could turn the country into a net gas importer in ten years, head of oil and gas at the ministry of energy Mustapha Hanafi said. Domestic gas consumption has grown faster than gas production […]