Morocco voted in favor of a UN General Assembly resolution last week breaking away with its previous abstentions. Moroccan foreign minister Nasser Bourita said the vote was in favor of the UN charter and in support of the territorial integrity of UN member states as well as in support of the peaceful resolution of conflicts. […]
Italian oil company Eni has started gas production in the Algerian Menzel Ledjmet East (220 km southeast of Hassi Messaoud) despite security fears exacerbated following last month hostage crisis that ended in a bloodbath in the North African country. Indeed, some 40 foreign workers, who were taken hostage by Islamist militants linked to Al Qaeda […]
There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]
