Libya Oil Terminal

Namibia eyes OPEC membership as large-scale oil production looms

Namibia has announced its plan to join the OPEC “family” which comes at a time when the southern African nation gears up to potentially become the continent’s fourth-largest oil producer by the next decade. If exploitation of its giant offshore oil and gas discoveries goes as planned, Namibia could turn into a significant oil producer, […]

Saudi investment company in Egypt acquires minority stakes in 3 other listed companies

The recently-launched Saudi-Egyptian Investment Company (SEIC) has reportedly added three other Egyptian listed company to its portfolio after acquiring fertilizer giant MOPCO. Abu Qir Fertizilers and Chemical Industries, Alexandria Container and Cargo Handling and E-Finance for Financial and Digital Investments are the companies, Zawya reports citing Egypt’s planning ministry’s website. SEIC also reportedly acquired 25 […]

Guterres: Morocco, champion of inter-faith dialogue & leader in fight against extremism

“Morocco has long been a champion of inter-faith dialogue and a leader in our fight against extremism”, said on Tuesday in Fez UN Chief Antonio Guterres in his opening remarks at the 9th Global Forum of UN Alliance of Civilizations. “I would particularly like to thank His Majesty King Mohammed VI for his personal and […]