dakhla race

Egypt to build largest petrochemical complex in Africa, Middle East

Egypt is set to build the largest petrochemical complex in Africa and the Middle East to refine and produce a range of petroleum and chemical products, Zawya reports. The project will cost $7.5 billion and will cover an area of 3.56 million square meters located in the Ain Sokhna Industrial Zone of the Suez Canal […]

Global economy under pressure: Morocco navigates between challenges and opportunities

Morocco finds itself strategically positioned between significant challenges and emerging opportunities as global economic tensions reshape international trade patterns. During a comprehensive economic briefing held Monday in Casablanca, Allianz Trade’s Africa and Middle East economist Lluis Dalmau Taulés analyzed how escalating U.S.-China trade conflicts are creating both risks and potential advantages for Moroccan businesses. The […]

Libyan PM dismisses Oil Minister Mohammed Oun amid legal disputes

Libyan Prime Minister Abdul Hamid Dbeibah officially circulated a decision to dismiss Mohammed Oun from his role as Minister of Oil and Gas to the Energy Council (the Ministry of Oil, and the National Oil Corporation). In response, Oun issued a public statement on November 28, asserting that the dismissal was invalid. He revealed that […]