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Saudi Fund, Mauritania ink $40m loan deal
The Saudi Fund for Development, SFD, provided Monday December 18 Mauritania with a soft credit line of $40 million earmarked for the construction and equipment of two educational institutes that are specialized in key sectors of the economy. The deal was signed by SFD CEO Sultan Al-Marshad and Mauritania’s Minister of Economy and Sustainable Development, […]
Moroccan police foils drug trafficking operation in Nador
Moroccan police in the north-eastern city of Nador foiled Wednesday morning an international drug trafficking operation and seized 12,800 kg of cannabis resin. The police seized in the town of Izzan (province of Nador) a truck with false registration plates, loaded with cannabis resin, and arrested three suspects with criminal records, national police said […]
Libya: Sharara oil field will remain shut down until rebels leave, NOC Chief
The head of the Libyan National Oil Corporation (NOC) Tuesday said Sharara oil field, the country’s largest with a production capacity of 340,000 barrels per day, will remain shut down until rebels evacuate the oil facility they have been holding since December. “The armed group attempting to hold NOC and Libya’s economic recovery to ransom […]



