“Is it better to deplete the reserves or is it better to depreciate the pound?” The question was raised by Egyptian Investment Minister Ashraf Salman during a conference on Sunday, after the Central Bank announced earlier in the day that the net international reserves have fallen to $18.1billion. According to the Investment Minister, “at this […]
Algeria’s army chief, Gen. Saïd Chengriha, has escaped lately an assassination attempt that has given rise to all sorts of speculations among security and military ranks, according to leaked intelligence reports. A car bomb has targeted the General’s convoy, leading to a deadly collision and fire that claimed six lives. The identities of the victims […]
Morocco has extended the period of consultation before choosing a winner for its tender to build LNG floating storage and regazification units as part of a push to bolster the share of gas in its energy mix. Gas so far represents 10% of electricity production in the country which set the goal of meeting 52% […]
