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Morocco and the United Arab Emirates are accelerating a landmark energy and water partnership, with two of the region’s most powerful utility companies — Taqa Morocco and Nareva Holding — announcing a series of major joint ventures that could reshape the Kingdom’s infrastructure landscape. The collaboration, which also involves the ONEE national utility and the […]
Sonatrach financial hurdles, Algeria’s economic agony
Economists have long warned the Algerian regime of an impending Venezuelan scenario as the country put off reforms leaving the economy dependent since independence on oil and gas sales of its state-owned company Sonatrach. The company, which aspired to be among the top 5 global oil and gas companies globally in 2030, hit the cliff […]
IMF praises Chad’s debt restructuring deal
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva hailed Wednesday the progress made in restoring debt sustainability globally including Chad, at a meeting of the G20 Finance Ministers and Central Bank Governors in India, “Zawya reports”. The central African country in November 2022 reached an agreement with its creditors, notably Swiss commodities trader Glencore, […]



