Chinese Ali Baba chief sends assistance to Africa

Egypt: Moody report lowers Cairo’s Suez Canal spirit

The Egyptian government’s expectations pinned on the Suez Canal have been dampened by a report from credit ratings provider Moody which claimed that earnings to be generated from the canal after the opening of the second waterway last week will come “at a much slower pace.” The construction of the second 32km-long Suez Canal and […]

Algeria: Cevital billionaire boss fears for his arrest

Algerian business tycoon Issad Rebrab said in an interview from Brazil that Algerian authorities want to arrest him on cooked bases. “Those people need not an arrest warrant to arrest me. I have received some information from reliable sources that they will arrest me as soon as I return to Algeria in order to silence […]

Algeria: Three terrorists killed in fire clash

The Algerian army Tuesday mowed down three terrorists in a fire exchange with a group of terrorists in Jijel governorate, the defense ministry said in a statement. Two terrorists were first killed near the town of El-Ancer, in the governorate while the army was combing Oued Bouayache town as part of anti-terrorism operation to flash […]