Libya has too much oil for OPEC
The Libyan Oil Minister has announced they will be pushing for an increase of the quota allocated to the country at the Oil and Gas […]
Business
Algeria and Portugal to reinforce targeted sectors
The president of the Algerian Chamber of Commerce and Industry (CACI) and the Portuguese ambassador to Algeria, have called for the strengthening of their economic […]
Morocco’s OCP Supplies 10,000 tons of Fertilizers to Cote d’Ivoire
Just few days after King Mohammed VI paid official visits to three African states, including Cote de’Ivoire, and renewed Morocco’s commitment to African solidarity to […]
Algeria: Scandal at the top
In a report released by Saipem, an Italian oil service group claims that millions of dollars of its fund has been frozen by Algerian authorities […]
Algeria: the government’s ban, Djezzy and the Russian Vimpelcom
Algeria is on the verge of nationalizing Djezzy as negotiations with Russian mobile firm, Vimpelcom, a major stake holder in the company continue. Vimpelcom has […]
Libya, Egypt & Sudan Mull Setting Up Mining Fund
Libya, Egypt & Sudan are considering the possibility of setting up a joint mining fund destined to finance projects in Arab countries and to study […]
Mauritania: fishing licenses granted to Algerian operators
A Memorandum of Understanding (MoU) between Mauritania and Algeria is at its final stages. The MoU is with regards to fishing licenses being granted to […]
Deutsche Bank gives Tunisians hope
Deutsche Bank has tipped the Tunisian economy to expand by 3% during the course of the year in a report it has recently released. The […]
Algeria, Turkey to Build Steel Plant in Oran
The National Agency for Investment Development (ANDI) and a Turkish company registered in Algeria as Tosyali Iron & Steel Industry-Algeria have signed an agreement to […]
Algeria: A Promising Market For Foreign Investors
Algeria has been described as an “emerging,” “stable” and “promising” market offering huge opportunities for foreign investors by the Bureau of Economic and Business Affairs […]