First Independent Mena Newspaper
Only few days after the diplomatic victory scored by Rabat with the adoption by the European Parliament with a large majority of the Morocco-EU Farm Agreement that covers the Sahara, the U.S. Congress dropped a House text included in the 2019 draft Appropriation Bill, which excluded the Sahara from the U.S. financial aid to Morocco. […]
Qatar Sunday pledged to invest $50 million in the Middle East countries, with youth being the main target, in a move to increase its profile at a time it is boycotted by major powers in the region. The pledge was announced by Qatar’s Finance Minister Ali al-Emadi at the Arab Economic and Social Development Summit […]
The government Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first half of 2019, Sonatrach’s Chief Executive Officer said. Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North […]
A delegation of Tunisian investors is in Ghana to explore business opportunities from different sectors including Agric-food, information technology, construction and engineering, state-run news agency reported. According to Deputy Trade Minister, Carlos Ahenkorah, the move will allow Tunisia to manifest its business prospects in Ghana to complement the West-African nation’s industrialization agenda. MrAhenkorah urged the […]
Morocco has launched international tenders for the building of seven solar energy plants in the south and east of the country. The German development bank KfW is a partner in this 200 MW Noor Atlas project. According to Moroccan state-owned utility Office National de l’Electricité, the tenders are divided into two lots: one for the […]
Tanzania’s President’s office last weekend said India’s Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government. If confirmed, Tanzania government’s holding in the mobile phone operator will rise to 49 percent from 40 percent. According to local media, the announcement followed talks in Dar es Salaam between President […]
The eight countries of the West African CFA franc zone plan to issue 2.723 trillion CFA francs ($4.82 billion) in debt in 2019, Reuters reported. Member countries using the West African CFA franc – a currency pegged to the euro – include Ivory Coast, Senegal, Guinea-Bissau, Mali, Burkina Faso, Niger, Togo and Benin. They share […]
France’s flagship carrier Air France in a statement has said it will wrap up flights to the Saudi capital Riyadh from next end this month because of “economic performance”. “Air France has decided to suspend its direct flights to Riyadh, Saudi Arabia as of February 1, and continues the cooperation with Saudi Arabian Airlines on […]
Dubai free zone operator DMCC announced Sunday it awarded the contract for the construction of 78-storey ‘Uptown Tower’ in uptown Dubai district to Belhasa Six Construct, an entity of BESIX, reports say. “Awarding Six Construct the contract to construct Uptown Tower is an important step in bringing the much-anticipated Uptown Dubai district to life. The […]
Morocco’s state-owned Company “Office National des Hydrocarbures & des Mines (ONHYM) and Nigerian National Petroleum Corporation (NNPC) have chosen Penspen to carry out the 1st phase of the FEED (Front-End Engineering) of the gas pipeline project to run from Nigeria upto Morocco. The FEED first Phase consists of a detailed review of the feasibility study […]