First Independent Mena Newspaper
A trans-Saharan pipeline that will convey gas from oil fields in Nigeria to Spain on the Mediterranean coast through Niger and Algeria is scheduled to be operational by 2015 if the project succeeds to overcome all the obstacles on its long way. According to estimates, the 4128 km long pipeline is to convey to the […]
Tunisia has gained the European Union advanced status, becoming the 2nd North African country after Morocco to obtain such a title, the status of a privileged partner with the EU. The decision was made during the Tunisia-European Union (EU) Association Council’s 9th session held lately in Brussels. Tunisia has requested last March an EU advanced […]
The gap between the Algerian regime favourites and the majority of the population, which is living in rather difficult conditions, is increasingly widening although the country’s oil resources generate huge resources. While the Arab Spring wave swept over many neighboring countries in the region, Algeria has largely been spared large-scale unrest. Nonetheless, the government has […]
After President of Mauritania Mohamed Ould Abdel Aziz was wounded by gunshot last October 13 in what was officially described as a “an accidental shooting”, he appeared on his country’s State TV to reassure its countrymen that he was in good condition before being airlifted to Paris for further treatment. From that time, there were […]
Mauritania’s President Mohamed Ould Abdelaziz who was wounded on October 13 in a shooting that was officially reported as “accidental” has confirmed earlier this week this initial version of the incident and flatly denied any foreign involvement in the shooting. The Mauritanian strongman, who had been hospitalized in Paris after the gunshot wound he sustained, […]
At the end of the Libyan delegation’s visit to Morocco, both counterparts seem to be happy of the outcome of the negotiations to encourage investment. The chief of the Libyan Chamber of Commerce Idriss Omran said there are ongoing feasibility studies and projects to promote investment on both sides. He called on Moroccan investors to […]
The decision of the regulator of the Egyptian market to push further the deadline of the sale of stakes of Qatar National Bank (QNB) has led to the slump of Egypt’s National Société Générale Bank (NSGB) and it has made an impact on the Cairo bourse while leaving the Gulf markets mixed in lackluster trading. […]
Egypt has purchased ten Turkish-made ANKA drones after months of secret negotiations between the two countries before reaching deal, first of its kind after the fall of former President Hosni Mubarak in a popular uprising in 2011. With a 56-foot wingspan, the unmanned aerial vehicle (UAV) has the ability to fly 24 hours at a […]
ADX Energy is in the process of completing two farm outs in relation to its Chorbane permit. The two farm outs are found onshore. The company is seeking for the permit so that it can carry out a seismic acquisition campaign next year. It is therefore working towards getting the permit as early as possible […]
Bidding announced by the Egyptian Natural Gas Holding Company (EGAS) to sanction the importation of Liquefied Natural Gas (LNG) by the private sector for first time in Egypt has expired although some major oil and gas companies withdrew. Companies such as British Petroleum, Royal Dutch Shell, the Kuwaiti Kharafi Group and Taqa Arabia, a subsidiary […]