Libya asks Russia for arms
The chief executive officer of Russian Technologies (Rostech), Sergei Chemezov, has revealed that the Libyan government wants Russia to lift its ban on arms contracts […]
Month: May 2013
EU committee rejects Mauritania agreement on fisheries
The Fisheries Committee of the European Parliament wants the fisheries agreement negotiated by the European Union and Mauritania to be rejected, believing that the conditions […]
Algeria : Eni shortens gas contracts
Eni, an Italian oil and gas group, has sealed an agreement with Algeria to buy less gas. The move is part of the Italian company’s […]
Egypt: NGO warns European Bank against loan
The European Bank for Reconstruction and Development (EBRD) should be deciding on Wednesday whether they will fund oil drilling projects in Egypt with a $40m […]
Libya to restore regional and international role
Prime Minster Ali Zidan will be leaving the shores of Libya today for a working visit to the headquarters of the European Union. It will […]
Algiers plans gets World Bank support
The World Bank’s Vice President for the Middle East and North Africa Region, Inger Andersen, has assured Algeria of their continuous support in the expansion […]
Tunisian institutions at loggerheads about IMF loan
The stand-by loan agreed upon and expected to be signed this month by the Tunisian government and the International Monetary Fund (IMF) is again being […]
Egypt: Inflation to go above 10%, IMF
The International Monetary Fund has voiced out its observations about Egypt, citing that inflation will rise to 10,9% this year; thereby surpassing the previous estimation […]
Libya to pay Kharafi $930 million in damages
The M.A Kharafi and Sons group, owned by one of Gulf state’s biggest merchant families, will be receiving $930 million in damages after the cancellation […]
Algeria to go nuclear in 2025
Yousef Yousfi, Algeria’s minister of Energy and Mines has told reporters that the government is planning to begin the construction of a nuclear power plant […]