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The National Iranian Oil Co. (NIOC) reached a preliminary agreement worth $4.8 billion with Total, a French energy company, for the development of the South Pars offshore gas field; one of the largest in the world. Total’s Chairman and CEO Read more
Morocco and Senegal have inked several cooperation deals meant to bolster partnership between the two countries in the fields of agriculture, fisheries and other socioeconomic sectors. These cooperation agreements were signed in Dakar Monday and Tuesday under the co-chairmanship of Read more
Egyptian authorities on Monday said Saudi Arabia has indefinitely halted shipments of oil products that were part of a $23-billion aid deal with the North African nation. According to Egyptian Oil Ministry spokesman Hamdi Abdel-Aziz, Saudi Arabia’s Aramco, the world’s Read more
Jehan Sheikh Amad, Spokeswoman of the Syria Democratic Forces (SDF) announced Sunday the beginning of the rebel group’s offensive on ISIS-held Raqqa in a campaign baptized the “Wrath of the Euphrates” while hoping that Turkey would not “interfere in internal Read more
King Mohammed VI has chosen the Senegalese capital Dakar to address the Moroccan people on the 41st anniversary of the Green March as he is set to start an official visit to the West African country on Sunday. “Considering the Read more
Following the unfortunate death of a fish seller in the northern Moroccan city of al-Hoceima that sparked protests in Morocco, Algerian propaganda machine jumped in and desperately tried to over inflate the event describing it as a prelude to a Read more
Saad Hariri has won the approval of the parliament as Prime Minister and he is now tasked with the formation of a government. The 46 year old said he was honored to undertake the “national assignment” while announcing that he Read more
Twelve deputies, including two co-leaders, Selahattin Demirtas and Figen Yuksekdag, of the People’s Democratic Party (HDP) were arrested and detained by Turkish authorities in the early hours of Friday in the cities of Diyarbakir, Van and Bingol among others. The Read more
The Egyptian Central Bank dropped the Egyptian Pound’s (EGP) value by 48% and raised interest rates by 300 basis points for “one night only” as part of its efforts to re-balance the currency market. The decision has already yielded some Read more
Chairman of the National Oil Corporation (NOC) Mustafa Sanalla outlined that Libya needs to assure that ports and pipelines remain open and the blockade on the Riyayna pipeline by the Zintani tribal militia be lifted as well as satisfy the Read more