The recently launched Saudi-Egyptian Investment Company (SEIC) is set to acquire 25 per cent of stakes in Egyptian fertilizer giant Misr Fertilizers Production Company (MOPCO) for an unrevealed amount. The deal, Arab Finance reports citing a source who asked not be named, might have been executed Tuesday or it would be carried out this Wednesday […]
Abdelmadjid Tebboune, who came to power in 2019 amid a deep legitimacy crisis, is following the typical tactics of autocrats in seeking to reshape the constitution to secure his own political survival. Tebboune henchmen call it a “technical adjustment,” a euphemism that plays down an attempt to manipulate the political calendar and stretch his time […]
Turkish foreign minister Hakan Fidan, earlier this week, led a delegation to Niger to discuss uranium supplies, Bloomberg reported. The delegation “wants to tap Nigerien supplies of the fissile mineral to fuel Turkey’s nascent nuclear-power industry,” it said. The two parties agreed to boost cooperation on energy, mining, intelligence, and defense, at a time Niger […]
