Algeria money

Libya: Greece halts asylum requests from North African migrants following EU delegation’s expulsion from Benghazi

Greece has announced on July 9, a three-month suspension of asylum hearings for migrants arriving by sea from North Africa, in response to a recent surge in arrivals from Libya. Prime Minister Kyriakos Mitsotakis declared the move during a parliamentary address on Wednesday, emphasizing a hardened stance on illegal migration and warning that all unauthorized […]

Morocco to create $4.8 bln strategic investment fund

Morocco will set up a strategic investment fund worth $4.8 billion to help the economy recover from the coronavirus impact, Finance Minister Mohamed Benchaaboun said Tuesday at a news conference in Rabat. The fund is part of a stimulus package of 120 billion dirhams ($12.8 bln) unveiled by King Mohammed VI at the Throne Day […]

Egypt: 11 billion dollars for extraction project of natural gas

A recently concluded meeting between Egypt’s president, some government officials and delegates from the British Petroleum on an extraction project of natural gas from a deep water deposit in the Mediterranean basin at a depth of 7,700 meters calls for an investment of billions of dollars. 11 billion dollars will be invested by BP in […]