Traffic-Resumes-in-Guerguarat

Mauritania: offshore 3D seismic survey

In honoring its initial three-year work commitment with Mauritania concerning the Block C19 which is offshore, Chariot oil and gas has handed out a contract to a Norwegian company, Furgo, to do a 3D seismic survey in the area. In a released statement from Chariot, Furgo will be surveying depths ranging from 30 meters up […]

CAF rejects Polisario membership, dealing another hard blow to Algerian regime and its puppet

The Algeria military junta and its polisario separatist puppet have suffered another humiliating setback after the African football governing body (CAF) rejected the membership of the puppet entity, which is armed, funded and sheltered by the Algerian regime. This new diplomatic setback was reported Monday by Africa Intelligence magazine. According to the regulations of the […]

Egypt wavering over depreciation or depleting reserves

“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 […]