Mohamed Hammouda

Phosphates: Morocco’s OCP group reports $ 1.7 billion earning in 1st Quarter 2023

Morocco’s state-owned phosphate company OCP has reported $1.78 billion in first quarter of 2023 against $2.6 billion earned in the same period last year. Yet, this year’s results show the resilience of the global leader in the fertilizer industry in challenging market conditions, says the company in a press release. Global fertilizer prices continued to […]

African Defense Ministers, Security Officials to Discuss Continental Peace

African ministers of defense, army chiefs of staff and heads of safety and security are set to convene a high-level continental meeting in Cairo on Thursday (Dec.19) to discuss continental peace and security issues, the African Union Commission (AUC) said. The meeting will be held as part of the upcoming 12th Ordinary Meeting of the […]

KSA, Libya to lend Tunisia $1bn to surf economic hardship

Saudi Arabia and Libya will provide Tunisia a loan of $500 million each attached with affordable interests to help the North African country to overcome economic woes amid the ongoing political crisis. The news was revealed by Tunisie Numerique, which cited a source knowledgeable of the matter but who asked not be named because not […]