Mauritania, EU extend for one year fisheries agreement pending renewal of 4-year deal

Mauritania and the European Union have extended for another year their Sustainable Fisheries Partnership Agreement (SFPA), signed in 2015 for 4 years. This extension allows the partners to negotiate another SFPA, avoiding some blockages that could lead to the cessation of fishing in Mauritanian waters.   Mauritania and the EU have decided to extend the […]

MENA: Morocco in top five states generating electricity from solar power; third developing country attracting most investments in green energy

Morocco is one of the top five nations in the Middle East and North Africa that produce the most electricity from solar energy, according to a survey by the Emirati Energy platform, and according to the Global Investment for 2023 report published lately by the United Nations, the kingdom ranks among the top ten developing […]

Egypt: Debt payment delayed, Gulf oil grants over, Minister Ismail

Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]