Libyan political dialogue forum

Sahara: Morocco in talks with UAE over investment of up to $10 Bln in wind energy projects

Morocco is reportedly negotiating with some UAE companies wind energy projects in its southern provinces. The total investment of these projects is estimated between $8 and $10 billion, according to Arabic energy-focused Attaqa media platform. The Emirati companies engaged in talks are Masdar, AMEA Power, and Taqa. They are negotiating with the North African Kingdom […]

Moody’s downgrades Tunisia’s ratings to B3 with negative outlook

New York-based credit rating agency, Moody’s, Tuesday downgraded Tunisia’s long-term foreign-currency and local-currency issuer ratings to B3 from B2 with negative outlook.   “Moody’s has also downgraded the Central Bank of Tunisia’s senior unsecured rating to B3 from B2 and the senior unsecured shelf rating to (P)B3 from (P)B2, and maintained the negative outlook. The […]

Morocco’s economic growth to pick up to 4.3% in 2023 after slowing 1.1% in 2022- World Bank

Morocco’s economic growth is expected to slow to 1.1% in 2022 due to a sharp drop in agricultural production but national GDP will increase 4.3% in 2023, the World Bank said. Morocco’s economy grew 7.8% last year as the economy continued to recover from the Covid-19 impact amid an exceptional agricultural output making up for […]