Global spending on energy is expected to reach $3.3 trillion in 2025, marking an all-time high, according to the World Energy Investment 2025 report released earlier this week by the International Energy Agency (IEA). This figure represents a 10% rise compared to 2024. Out of this total, around $2.2 trillion, or 67%, will go toward […]
Egypt has announced a deal with the International Monetary Fund (IMF) on policies and economic and structural reforms for the country’s new economic reform program, amid talks for a new loan program. Egyptian authorities announced the success of technical meetings held between an Egyptian delegation and the director and experts of the IMF, saying the […]
As the United Nations Security Council prepared to vote on a pivotal resolution endorsing Morocco’s autonomy plan for Western Sahara, Algeria launched a last-minute diplomatic offensive to alter the language of the U.S.-drafted text. The resolution, which framed Morocco’s autonomy initiative as basis for negotiations was met with unprecedented activism by Algiers which proposed amendments […]
