A consortium led by the Saudi-listed water desalination company ACWA Power has signed a usufruct agreement to invest $1.5 billion in a 1.1 MW wind project in Egypt, a statement by the Egyptian cabinet announced Thursday. The agreement was signed between Egypt’s New and Renewable Energy Development and Utilization Authority and the consortium including the […]
Prime Minister of Libya, Abdelhamid Dbaiba, on April 28, 2026, held talks with a delegation from Chevron to explore opportunities for expanding cooperation in the oil and gas sector. The discussions focused on advancing investment and supporting the company’s operations in Libya, following its successful bid in a recent exploration licensing round organized by the […]
The Moroccan financial sector continues to show resilience against the negative impacts generated by the Covid-19 pandemic, said the “Coordination & Systemic Risk Monitoring Committee” following its meeting held Tuesday in Rabat at the headquarters of Bank Al-Maghrib. After the three-year review of the 2019-2021 period, the Committee examined and approved the new financial stability […]
