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UN Chief Voices ‘Deep Concern’ over Tense Situation in Sahara
Following the cease-fire violation of the Polisario, which introduced armed elements in the buffer strip, UN Secretary-General Ban Ki-moon expressed deep concern over the “tense situation” in the Sahara, calling on Morocco and the Polisario to maintain status quo. In a statement relayed by his spokesperson Ban said he was “deeply concerned over the tense […]
Morocco, Mauritania Poised to Boost Partnership in Energy Field
Mauritanian capital Nouakchott is hosting this week a business forum aimed at boosting Mauritanian-Moroccan partnership in the energy field. The forum, held under the auspices of the Pan-African Confederation of Electricity (CAFELEC), is co-organized by the Moroccan Federation of Electricity, Electronics and Renewable Energies (FENELEC Morocco) and the Mauritanian Electricity Company (SOMELEC). The forum featured […]
Saudi sovereign wealth fund launches investment company in Egypt
The Public Investment Fund (PIF) of Saudi Arabia launched the Saudi-Egyptian Investment Company (SEIC) that will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals. The fund in a statement said SEIC is interested in the country’s promising sectors including infrastructure, real estate development, healthcare, financial services, food and agriculture, manufacturing, […]



