EBRD president Odile Renaud-Basso

Libya: Lebanese Ghassan Salamé likely to replace outgoing Kobler

Lebanese former minister of Culture and current Dean of the Paris School of International Affairs is seemingly the future head of the UNSMIL as current German veteran diplomat Martin Kobler is stepping down at the end of this month, Libya Herald reports citing diplomatic sources. The 66-year old Lebanese man according to Libyan diplomatic sources […]

Riyadh reiterates unwavering support to Morocco’s sovereignty over its Sahara

Saudi Arabia reiterated Thursday its firm supportive stand to Morocco’s territorial integrity and sovereignty over its Sahara on the occasion of the 13th session of the Moroccan-Saudi Joint Commission convened in Rabat. The Saudi government also voiced strong backing to the autonomy plan offered by Morocco to the Sahara under its sovereignty, describing the Moroccan […]

Algeria’s crude prices drop below production cost

Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]