Morocco’s central bank revised upwards its inflation figures for 2021 to 1.4% from 1.2% due in part to a surge in foodstuff and fuel prices in the international market. Though inflation is expected to remain under control, the central bank said it plans an inflation targeting as it continues currency reforms, yet without giving a […]
The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a funding vehicle established by Hassan Allam Utilities that operates in Egypt and is running a project known as 1.1 GW Gulf of Suez wind farm. The investment is set to […]
UAE Monday proposed the postponement to next year of the six-month Expo 2020 Dubai scheduled this year, at the request of participating countries over the global Covid-19 health crisis. Reem Al Hashemy, UAE Minister of State for International Cooperation and Director General, Expo 2020 Dubai, Monday said the organizing committee has consulted participating countries about […]
