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Morocco to set up new gas power plant worth $415 million
Morocco plans a gas power plant near Al Wahda dam with a total capacity of 990 megawatts and for a cost of 415 million dollars. State-owned water and electricity utility will offer 20% of the funding while the rest will come from securitization and bank loans, Le Matin daily reported, citing an official financial document. […]
Egypt puts on hold Saudi investments
A press statement issued by the kingdom’s Minister of Commerce and Industry, Tawfiq al-Rabiah, brought to light that projects worth more than $1,3 billion have been on the hold in Egypt. This information was revealed ahead of the Saudi-Egyptian Joint Committee meeting to be held in the Saudi Arabia’s capital, Riyadh. Several Saudi Arabian projects […]
Bank Al-Maghrib Expected to Hold Key Rate at 2.25% as Macro Indicators Converge
Bank Al-Maghrib’s Council is scheduled to meet on Tuesday 23 June to set its monetary policy stance for the third quarter of 2026. A review of the latest available macroeconomic indicators points toward a hold on the key rate at its current level of 2.25 percent, with neither an increase nor a cut appearing well-supported […]



