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Egypt to Earmark $9 bln to Revamp Refineries
Egypt plans to upgrade six oil refineries to increase local production of refined products, Petroleum Minister, Tarek El Molla, said during a conference in Cairo Sunday. The refineries refurbishment to be conducted over four years will cost about $9 billion, the official said, adding that Egypt is trying to secure crude oil supplies for Egyptian […]
Libya: Finance Ministers of the two parties have agreed on unifying budget
The United Nations support mission in Libya (UNSMIL) welcomed the meeting that took place on Tuesday, January 12, in Brega, the Libyan eastern port city, between the finance ministers of the two rival parties. An agreement for a unified budget for 2021 was reached at this meeting. A joint financial commission composed of experts from […]
Morocco Targets Producing 1 mln cars annually by 2025
Morocco raised its automotive industry target to 1 million vehicle by 2025 in light of the positive results shown by the sector. Minister of Industry Moulay Hafid El Alamy voiced confidence in achieving such a goal, which could generate 200 billion dirhams. He said the current performance of Morocco’s car industry is moving at a […]



