French oil company Total has taken its dispute with Algerian authorities to the International Court of Arbitration, via the International Chamber of Commerce in Geneva. Total contests Algerian state oil & gas producer Sonatrach decision to change profit-sharing terms on oil and gas contracts in the mid-2000s. “We tried as always to find a mutual […]
The specter of drought is still haunting Morocco for the fourth consecutive year amid delayed rainfall and emptying reservoirs. The alarm bell was rang by water minister Nizar Baraka who warned that some cities should prepare for a rationing of water as part of measures to reduce demand. “The country is heading to a fourth […]
The UAE International Investors Council and the Egyptian-Emirati Business Council have signed a Memorandum of Understanding (MoU) to enhance cooperation and the existing investment partnerships. The deal aims to increase investment opportunities in the new economy, green projects, recycling, clean projects, the technology sector, and new digital technologies. It also provides for exchanging expertise as […]
