ebrd

IOM reports six deaths, 60 missing cases in latest Mediterranean migration tragedy

The International Organization for Migration (IOM) has confirmed that six migrants died and 60 others went missing in early June 2025, while attempting to cross the Mediterranean from Libya to Europe. According to the Agency’s weekly update, 635 migrants—including 19 children, 557 men, and 32 women—were intercepted and forcibly returned to Libya after departing from […]

Algeria’s Steel Giant to Be De-Facto Nationalized

The Algerian government has been interested in buying additional 21% shares in the Annaba unit of the steel producing company, ArcelorMittal, for 200 million USD. As the state already owns 30% of the firm, such a transaction would make the Algerian government a de facto majority shareholder and owner of ArcelorMittal. The government reportedly wants […]

Harbor Breakwaters: Casablanca & Dakhla Ports will use OHLA’s Cubipods

The innovative cubipods designed & engineered by the Spanish construction company OHLA will be used in the Moroccan ports of Casablanca and Dakhla. In a press release issued Wednesday, OHLA said it signed contracts for the use of its cubipods in two Moroccan ports. Cubipod is a precast element made of mass concrete used to […]