Algeria-OPEP: Algiers calls for emergency meeting and adjustment

Algeria: Bouteflika fires Chief of Intelligence service

The Algerian presidency announced Sunday the “retirement” of the head of Algerian intelligence services (DRS) General Mohamed Mediène nick-named “Toufik”. Abdelaziz Bouteflika, Head of State and Minister of National Defense “has put an end to the functions of the Head of Intelligence Department, occupied by General Mohamed Mediene who has retired,” a statement by the […]

Tax Haven: EU removes Tunisia from blacklist of non-cooperative jurisdictions

The European Union Tuesday took away Tunisia from its backlist of non-cooperative jurisdictions also branded “tax haven countries” after the North Africa country implemented demanded reforms that have improved tax policies. But it was not clear if Tunisia was put on the Grey list like Morocco. The grey list comprises countries that are given time […]

ENI To Invest $ 8 Billion In Libya

Italian energy company ENI has unveiled a $ 8 billion investment plan in Libya to be carried out over the next decade to upgrade current production and launch new exploration activities in the oil-rich country. This huge investment will enable the Italian energy company to expand its business and enhance its presence as the major […]