Sheikh-Zayed-prize-presentation

American GE Vernova Joins Xlinks Morocco-UK Power Project

American company GE Gernova has decided to join the Xlinks Morocco-UK power project with a $10.2 million investment injected in this ambitious project expected to produce affordable and clean energy. Once complete, the Project’s wind and solar generation, combined with flexible battery storage, is expected to supply 3.6 gigawatts (GW) and deliver approximately 8% of […]

Algeria’s 2026 budget allocates record military spending despite economic strains

Algeria’s Council of Ministers has approved the draft Finance Bill for 2026, allocating $25 billion to the army at the expense of economy diversification, infrastructure, and social services. The country has prepared a budget bill worth a record $135 billion, up from $128 billion in 2025 and $113 billion in 2024. Military spending represents 20.6% […]

Morocco to increase contribution to CERF Annual Budget

Morocco has decided to “significantly” increase its contribution to the annual budget of the Central Emergency Response Fund (CERF) by allocating 100,000 dollars for the year 2021, announced, on Tuesday, Minister of Foreign Affairs Nasser Bourita. Speaking at the 2020 high-level CERF donors conference held remotely, Bourita stressed that Morocco’s contribution to the Fund’s annual […]