altus-strategies

Morocco & Russia discuss strategic partnership

Moroccan foreign minister Nasser Bourita held on Tuesday a telephone conversation with his Russian peer Sergei Lavrov, focusing on bilateral relationship and political dialogue based on mutual respect and commitment to stability. The Moroccan-Russian relations are gaining momentum under the leadership of King Mohammed VI and President Vladimir Putin, said the two ministers. They recalled […]

Algeria: Court Blocks Billionaire’s Acquisition of TV, Newspaper Group

An Algerian administrative court on Wednesday upheld its last month provisional ruling cancelling the multimillion dollar takeover of the private El Khabar media group by Ness-Prod, a subsidiary of agribusiness group Cevital owned by billionaire Issad Rebrab. The court ruled that the agreement reached between the two parties is null and that El Khabar’s newspaper […]

Libya: Sharp Fall in Oil Output Sparks Concern of Western Powers

Libyan oil production is falling more sharply than expected, declining by 70 percent from pre-civil war levels due to continued instability and hostilities between armed groups. The situation has sparked serious concerns of Western powers. A joint statement issued by the French Government said five of its NATO allies have expressed concern about tensions near […]