Morocco-INVESTMENT-

BERD lends Tunisia €300m earmarked for energy stabilization during pandemic

The European Bank for Reconstruction and Development (EBRD) is providing a €300 million financing package to Société Tunisienne de l’Electricité et du Gaz (STEG) to support the stability of Tunisia’s energy sector during the coronavirus pandemic in the medium term. This program will allow Tunisia’s state-owned national electricity and gas utility company to implement an […]

Morocco restricts exports of respiratory masks

Morocco subjected the export of face masks to special export permits after the Covid-19 outbreak in the world triggered a supply shortage combined with high demand. The decision also comes after authorities seized 100,000 masks in a vehicle in Tangier port. The British driver intended to sell the masks in his country for high prices. […]

World Bank Projects 3.6% MENA Growth in 2026 Amid Recovering Oil Production

The World Bank forecasts economic growth in the Middle East and North Africa region will reach 3.6% in 2026 before accelerating to 3.9% in 2027. These estimates, featured in the updated Global Economic Prospects report, were slightly revised downward compared to the institution’s June projections. The downward revision primarily reflects larger-than-expected oil production increases from […]