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Business Finance

Al Rayan gets Libyan bank takeover approval

North Africa Post

Masraf Al Rayan’s desire to acquire an important share in a commercial bank in Libya has finally been approved by its extra ordinary general assembly. Al Rayan has for been yearning for increasing its capital in a Libyan bank to get what many reports describe as a strategic share. The extra ordinary assembly’s approval now […]
Energy Europe Headlines International Maghreb Morocco Tunisia

Morocco’s Company Nareva Wins Energy Deal in Tunisia

North Africa Post

The consortium led by Moroccan energy company NAREVA and French ENGIE group won an international bid for the construction of 120 MWp solar power plant in Gafsa, Tunisia. The consortium will be responsible for developing, designing, financing, building, operating and maintaining the photovoltaic power plant over a period of 20 years from commissioning. The Gafsa […]
Headlines Libya

Libya: US Air Strikes Kill Dozens of IS Fighters at Sabratha

North Africa Post

US Air Force F-15E jets early Friday killed more than 30 IS fighters outside the town of Sabratha said to host an IS training camp which trained the Tunisian jihadists who hit Tunisia in March and in June last year. The strikes were reportedly targeting a Tunisian notorious jihadist known as Noureddine Chouchane who allegedly […]