UAE: $25 billion investment to reach 3.5m bpd by 2017-2018  

Qasem Al-Kayoumi, manager of ADNOC’s offshore division of the exploration and production directorate has revealed that Abu Dhabi has a $25 billion investment plan for the next five years in order to boost the oil production capacity of its offshore fields.  The United Arab Emirates (UAE) produces around 2.8 million barrels of crude oil per […]

Chad reaffirms UN primacy in settling Sahara regional conflict

Chadian Foreign Minister Cherif Mahamat Zene reaffirmed Friday from Rabat the position of his country on the primacy of the role of the United Nations in settling the regional conflict over the Moroccan Sahara. The Chadian Foreign Minister said at a press briefing, following talks with his Moroccan peer Nasser Bourita, that his country called […]

AU banks on Tanger Med Port to achieve CFTA objectives

The African Union, AU, is counting on the Moroccan Tanger Med Port to achieve the logistics integration of the continent, a key objective of African Continental Free Trade Area agreement CFTA. Tanger Med Port is awash with opportunities for the continent, said Wamkele Mene, Secretary General of the CFTA Secretariat. Speaking during a recent online […]