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Congo halts cobalt exports following glut
The Democratic Republic of the Congo said it will stop exporting cobalt for four months amid an oversupply in the global market. Since the beginning of the year, cobalt oversupply sent prices down by approximately 11.32%. DRC is the world’s largest cobalt producer with some two thirds of global reserves. Cobalt is a rare metal […]
Egypt: industries uncomfortable with private sector importation
Bidding announced by the Egyptian Natural Gas Holding Company (EGAS) to sanction the importation of Liquefied Natural Gas (LNG) by the private sector for first time in Egypt has expired although some major oil and gas companies withdrew. Companies such as British Petroleum, Royal Dutch Shell, the Kuwaiti Kharafi Group and Taqa Arabia, a subsidiary […]
European Commissioner Oliver Varhelyi expected in Morocco in February
European Commissioner for Neighbourhood and Enlargement Policy Oliver Varhelyi will visit Morocco during the week of February 20. The announcement was made by the Moroccan foreign department following a phone call Sunday between the European official and Foreign Minister Nasser Bourita. The ministry described the talks as “productive and constructive.” Varhelyi confirmed the phone call […]



