maroc-coronavirus

Egypt inks ‘historic’ $35bn deal with UAE, hoping to ease dollar squeeze, save economy

Egypt and the United Arab Emirates (UAE) have signed a landmark $35 billion investment deal to develop Ras al-Hekma peninsula on the Mediterranean coast that, economists say, will inject $35 billion of foreign direct investment into the struggling Egyptian economy, helping it to bolster economic growth and address a hard currency crisis. The deal is […]

South Africa’s gesticulations & agitations around Moroccan Sahara reflect its inability to act – FM

South Africa’s “gesticulations” and “agitations” around the Moroccan Sahara reflect its “inability to act on the case,” said Moroccan Foreign Minister Nasser Bourita. “Rolling out a rag or a red carpet does not alter the case, but rather expresses inability to influence,” said Bourita at a press briefing in Rabat Thursday after his meeting with […]

Libya: NOC’s oil investment plans spark controversy amid concerns over national resources

The Libyan National Oil Corporation (NOC) has announced plans to invite foreign investment into the country’s oil and gas sector, offering 22 onshore and offshore exploration areas in 2025. This move, the first public bidding round in over 18 years, has raised debates regarding whether it is a genuine attempt to develop the sector or […]