Illegal Migration: EU Wants to Enhance Cooperation with Morocco

The European Union looks forward to enhancing its cooperation with Morocco to combat illegal migration, which is increasing on the Western Mediterranean route, said on Monday in Luxembourg EU Foreign Policy Chief Federica Mogherini. Speaking at a press conference following the Foreign Affairs Council meeting, Mogherini said that Central Mediterranean migration route has gone down […]

Egypt: Debt payment delayed, Gulf oil grants over, Minister Ismail

Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]

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 […]