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Sahara: Algeria & Polisario Upset by Latest UN Resolution

As expected, Algeria and the Polisario were displeased with Sahara resolution 2468 adopted last Tuesday by the UN Security Council with a large majority of 13 votes in favor and two abstentions (Russia and South Africa). According to sources close to the UN, the Polisario and its Algerian sponsors were very upset by this resolution, […]

Tunisian President Removes Finance Minister Amidst Economic Crisis, Appoints Judge as Successor

In a significant move, the President of Tunisia dismissed Sihem Boughdiri from her position as Finance Minister on Wednesday February 5, appointing Michkat Khaldi, a prominent judge, as her replacement. Khaldi, who took the official oath at Carthage Palace, assumes the role at a time when the country’s economic situation is dire. Boughdiri, who had […]

Egypt, Eni ink oil exploration, exploitation deal worth $1bn

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with the Italian giant energy group Eni for oil exploration and exploitation in the Gulf of Suez and Nile Delta regions worth $1 billion, Arab Finance reports, citing a statement by the Ministry of Petroleum and Mineral Resources. The deal signed by Minister of Petroleum […]