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EU IRINI discovers cargo ship breaching UN arm embargo on Libya
IRINI, the European Union (EU) naval operation tasked to reinforce the UN arm embargo on Libya, has arrested a ship bound to Libya transporting vehicles intended for military use, reports say. The action took place July 18 when the vessel identified as MV VICTORY RORO, flying the flag of Equatorial Guinea entered IRINI’s search zone […]
IMF revises upwards Morocco’s growth forecast to 1.25% in 2022 and 3% in 2023
The IMF revised upwards its growth projections for the Moroccan economy to 1.25% in 2022 and 3% in 2023, saying Morocco’s resilient exports, robust remittances and tourism recovery had helped offset some of the fallout of external shocks. The Moroccan government however expects growth to stand at 1.5% this year before increasing to 4% next […]
Report signals renewable energy boom in MENA Region
The capacity of photovoltaic plants installed in the Middle East and North Africa (MENA) region has almost quadrupled in 2018 compared to the previous year. According to Ecofin news agency, 3.6 GW of photovoltaic contracts have been awarded last year against 1 GW in 2017. Some of the plants have been installed and others are […]



