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Algeria’s crude prices drop below production cost

Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]

Sahara: UK Gets Brexit Boost after Appeal Court Refuses to Challenge Trade Deal with Morocco

UK’s Brexit has been boosted by the latest court ruling refusing to challenge the legality of the Association Agreement sealed with Morocco, which includes the Sahara territory, says British Express daily. The Appeal Court’s refusal to accept the challenge confirmed the London Administrative Court’s ruling of December 5 2022. Former cabinet minister Ranil Jayawardena has […]

Center for Mediterranean Integration: Morocco Elected to Chair Oversight Committee for 2021-2024

Morocco has been elected to the presidency of the Center for Mediterranean Integration (CMI) for the period 2021-2024, the Ministry of Economy, Finance and Administration Reform and the World Bank Group announced. “As part of the governance reform of the Center for Mediterranean Integration (CMI) now providing for a rotating presidency among the member countries […]