Chloroquine

Egypt, Saudi Arabia to sign electricity transmission network agreements

Egypt and Saudi Arabia will sign soon multiple contracts for a 2 GW electricity transmission network that will connect the two countries’ grids. The project worth $1.6 billion will connect both countries’ grids with 900 kilometers of overhead transmission cables and pass across the sea bed, for 25 kilometers. Egypt will finance 40 per cent […]

Morocco’s Managem targets 50% gold portfolio, CEO Says

Managem plans to expand the share of gold in its portfolio from 20% to 50% as it expects an increase in production from the mine it operates in Sudan, CEO Imad Toumi said. Managem also plans to start production in its Tri-K gold mine in Guinea in the second half of this year, Toumi told […]

Morocco : the Benkirane-Chabat Showdown

Relations between the Head of the Government, Abdelilah Benkirane, and the leader of the Istiqlal Party, the backbone of the governmental coalition, Hamid Chabat, are growing more strained by the day. Chabat’s harsh criticism of the government’s performance and his repeated calls for a cabinet reshuffle are the main bone of contention between the two […]