Casablanca-Agadir high speed train to cost $7bln

Morocco is seriously mulling the launch of a new high speed rail connecting Casablanca with Agadir, whose cost is estimated at 7 billion dollars, transport minister Mohammed Abdeljalil said. The new rail link will bolster economic integration between different Moroccan regions and is part of a plan to serve 43 cities with rail services instead […]

Algeria: Sonatrach and Fenosa finalise deal

Companies from the two sides of the Mediterranean have agreed to pen a deal valid for almost two decades. Spain’s Gas Natural Fenosa was a signatory to the deal with Algeria’s Sonatrach for 800mn m³/year of gas for a period of 18 years and for a 10% stake in the 8bn m³/yr in the Medgaz […]

Egypt: Al-Sisi propelled to presidency by campaigners

Some Egyptians could be readying General Al-Sisi as the country’s next president after three campaigns supporting the cause kicked off. The General on the other hand has called for “quick political transition” in the interest of stability. Political pundits and figures believe that he stands a great chance to become the head of state despite […]