First Independent Mena Newspaper
Gas production in the Mauritanian Banda field may start in late 2014 or early 2015, it was announced in Nouakchott earlier this week. The construction of a gas pipeline for the Banda gas field, whose reserves are estimated at 500 billion cubic feet, may be entrusted to U.K.-based explorer Tullow Oil Plc (TLW). Construction works […]
Stakes owned by Vivendi SA in Maroc Telecom are being sold as part of debt reduction plan by the former. The sale is estimated to generate more than $5billion. Two potential investment banks have already been contacted by Vivendi but political policies might make a deal hard to come by, the source added. Vivendi accounts […]
Malta played host this weekend to the Five-plus-Five summit, gathering five Maghreb and five European countries whose heads of state or government came together to discuss ways to foster inter-Mediterranean ties. The Five-plus-Five forum, which brings together leaders from Algeria, Libya, Mauritania, Morocco and Tunisia, the five countries forming the Arab Maghreb Union (UMA) along […]
Mauritania, one of the world’s poorest countries, has received over $ 10 Million grant from the European Union to help the country enhance its border security and strengthen its capacities in the fight against terrorism and all forms of illegal activities (drugs, weapons & human traficking), sprouting in the region. The grant will enable Mauritania […]
Mauritania financial authorities, bankers and businessmen seems to have joined forces in the fight against money laundering, financial crimes, tax evasion and terrorism financing. At a meeting held lately in Nouakchott, experts from of the UN Office on Drugs and Crime (UNODC) showed mauritanian finance inspectors how to foil money-laundering operations, the various methods of […]
The countries of the Maghreb set up in February 1989 a union that was designed to be a milestone in promoting inter-Maghreban relations on the political, economic, cultural and social scales. More than twenty years after the Arab Maghreb Union, also known by its French acronym as UMA, came into being, little has been achieved […]
The extradition last week of Gaddafi’s former spy chief, Abdullah al-Senussi, from Mauritania to Libya has postponed the trial of ex-leader Muammar Gaddafi’s son, Saif al-Islam, that was due to start this September. According to Libyan officials, Saif al-Islam’s trial has been delayed for at least five months as Senussi could provide more evidence which […]