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Libya: Oil & gas Minister rubbishes Western proposals to set up international mechanism to manage Libyan oil revenues
Libya’s oil and gas Minister Mohammed Aoun has criticized western proposals to create an international mechanism to manage the country’s oil revenues amid rivalries between the ousted government of Prime Minister Abdul Hamid Dbeibeh and incoming Premier Fathi Bashagha. Aoun, who is under Dbeibeh’s leadership, made the remarks in an interview with Asharq Al-Awsat newspaper. […]
Morocco plans its second largest desalination plant in Nador
Morocco will invite bids by the end of the year for a 250 million cubic meters desalination plant in the north-eastern city of Nador, water and equipment minister Nizar Baraka said. The plant would be the second largest in the country after Casablanca’s which is planned to start supplying fresh water in 2027, Baraka told […]
Saudi Arabia Opens up Its Stock Market, but There is No Queuing
Saudi Arabia, the world’s largest oil producer, has opened Monday for the first time its stock market to foreign investors in a bid to attract more international capital to help the country diversify its economy and reduce its heavy dependence on oil. The stock market liberalization move comes following the sharp fall in oil prices […]



