King Mohammed VI

Morocco’s ONEE, TAQA, Nareva unveil $14 billion energy & water projects

The Moroccan government, electricity and water supplier ONEE together with a consortium including Mohammed VI Investment Fund, TAQA Morocco and Nareva agreed to join forces to develop a sweeping infrastructure program aimed at securing water and bolstering energy production by 2030, for a total investment cost estimated at $14 billion. The investments have been ushered […]

BP mulls plans to invest $3.5bn in Egypt over next three years

British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. BP’s chief executive Bernard Looney made the announcement after meeting with President Abdelfattah al-Sisi. The investments will go towards research, exploration and development, the office of the Egyptian leader announced. […]

Tunisia: French Called to be on Guard

The French embassy in Tunisia has called on French citizens to watch out following Tunisian president’s extension of the state of emergency for three further months. President Caid Essebsi Tuesday extended for three additional months the state of emergency decreed since November last year following the killing for 12 members of his guard. Tunisia was […]