Benchaaboun- presenting 2019 draft financial bill

Egyptian companies win about $2bn-contracts in Libya to set up power stations

Libya has signed multiple billion-dollar contracts with a number of Egyptian companies to set up power stations in the oil-rich country. Salama Al-Ghwail, Libya’s State Minister for Economic Affairs, told Egyptian media the contracts are worth between $1.5 billion and $2 billion. Al-Ghwail said Egyptian companies should win between 60 to 70% of the reconstruction […]

Algeria wants Morocco to leave Morocco!!!

In its most recent diplomatic blunder, the Algerian foreign ministry called Morocco to leave its southernmost tip of Guerguarat as a condition for finding a “political solution” to a conflict that it has created and perpetuated in the Sahara. The statement was made by Algeria’s foreign ministry in reaction to the official appointment of Staffan […]

South Sudan restores crude oil production and export via Sudan as force majeure is lifted

The South Sudanese government and key oil companies have jointly announced the resumption of oil production and export at its Blocks 3 and 7 in the Upper Nile State with an initial output target of 90,000 barrels of crude oil per day. In a joint statement Tuesday (7 January), they said that normal operations have […]