Business Energy

Egypt distributes offshore Mediterranean blocks

Eight oil and gas exploration projects have been awarded by Egypt to several companies in a statement released from the ministry of petroleum. The decision followed the reception of 13 offers after an international call for tender concerning prospective acreage. Among the companies are British Petroleum (BP), International Egyptian Oil Company (IEOC), a subsidiary of […]

Blogs Community Features

Mali, Anti-terrorism Struggle Top Agenda of 5+5 Dialogue Meeting

The situation in Mali, the fight against terrorism and the strengthening of trans-border security are on top of the agenda of the 5+5 Dialogue meeting convening in Nouakchott Tuesday. The Foreign Ministers of the countries forming this informal sub-regional body that brings together 5 Western Mediterranean countries (France, Italy, Malta, Portugal, Spain) and their North […]

Algeria Features Headlines

Algeria reinforces ties with Spain

Algeria and Spain have taking their bilateral relations and cooperation to another level after the signing ceremony of several industrial partnership agreements in various sectors. The ceremony was witnessed by ministers from both governments with Cherif Rahmani, Algeria’s minister of Industry, Small and Medium-sized Enterprises and Investment Promotion, and Spain’s Minister of Industry, Energy and […]

Business Energy

Libya‘s oil production is back on track

After halting its oil production during the uprising against Ghaddafi and beginning production activities after his ousting, Libya has finally reached the production level of the Ghaddafi era and has surpassed expectations. At the beginning of the year, oil minister Abdelbari Arusi said they are hoping to reach the level of 1,7million barrels per day […]

Business Emerging Markets

Algeria: strategy for Tourism development

The Palace of Nations is hosting the second national conference on tourism where the stakeholders will have an overview of the 2008-2012 activity report. The gathering was graced by the presence of several government officials and international dignitaries. President Bouteflika’s message addressed to the conference was read on his behalf by one of his advisers, […]

Columns Features Headlines Opinions

Poverty, Inequality and Safety Nets in the MENA Region

By international standards, extreme poverty or destitution is relatively low in the countries of North Africa. According to the World Bank, the number of those living below 2 USD a day was 13.9 percent in 2008, which would make the region of Middle East and North Africa (MENA) the fourth poorest region in the world […]

Features Headlines Libya

Libyan Weaponry Fueling Regional Conflicts

A UN panel has sounded the alarm bell over the growing illicit flows of arms from Libya into West Africa and several Middle-eastern countries enhancing the arsenals of a range of non-state actors, including terrorist groups. “In the past 12 months, the proliferation of weapons from Libya has continued at a worrying rate and has […]

Business Egypt Features Headlines

Egypt: Huawei and Etisalat conclude new deal

After signing a strategic partnership agreement in February, Huawei and Etisalat Misr have sealed a new contract that will provide the latter with the latest BTS3900 radio base station technology. The deal is meant to improve quality and speed to the Etisalat Misr’s radio network. The BTS3900 will help the Egyptian company to save expenditures […]