Italian boat release by GNA

Libya’s Election Commission Signals Readiness for Mid-April 2026 National Polls

Libya’s High National Elections Commission (HNEC) has affirmed on November 30 its readiness to begin implementing presidential and parliamentary elections by mid-April 2026, provided that the necessary funding is secured and an agreed oversight mechanism is established. The Commission indicated that the ongoing municipal elections—expected to conclude by the end of March 2026—will bolster its […]

Saudi sovereign wealth fund launches investment company in Egypt

The Public Investment Fund (PIF) of Saudi Arabia launched the Saudi-Egyptian Investment Company (SEIC) that will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals. The fund in a statement said SEIC is interested in the country’s promising sectors including infrastructure, real estate development, healthcare, financial services, food and agriculture, manufacturing, […]

Morocco gets €37.5 Mln EIB loan to improve water supply

The European Investment Bank (EIB) has lent Morocco’s National Electricity and Drinking Water Company (ONEE) €37.5 million to rehabilitate and improve water supply and distribution infrastructures in the country. An agreement was signed Friday by the two sides. The EIB funding will help the North African Kingdom to cut greenhouse gas emissions by reducing water […]