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Morocco: Merger between Atlanta and Sanad insurance companies takes hold
The merger between Atlanta Assurances and its subsidiary Sanad Assurances took effect Monday as both firms held a joint board meeting. Groupe Holmarcom, owner of the two firms, in a statement said Atlanta will engulf Sanad in a move that will enable the insurance service company to bolster its positioning in the insurance industry in […]
EBRD to fund OCP’s desalination plan with 200 mln euros
The European Bank for Reconstruction and Development has approved a financing of 200 million euros to support the desalination program of Morocco’s phosphates group, OCP. The loan will finance the construction of two OCP seawater desalination facilities, at its key industrial complexes in El Jadida (Jorf Lasfar) and Safi, the bank said in a statement. […]
Libya to Take OAPEC Presidency from January 1, 2026 as Ministers Endorse Leadership Transition
Libya will assume the presidency of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), alongside chairing the Executive Bureau, starting from January 1, 2026, marking a renewed leadership role within the regional energy bloc. The development was confirmed during the 115th meeting of the OAPEC Council of Ministers held on […]



