Credit rating agency Standard & Poor’s revised Morocco’s outlook to positive BB+/B thanks to social, economic, and budgetary reforms. With the new rating, Morocco edges closer to retrieve its investment grade, lost during the Covid-19 pandemic. “Morocco’s economy has proven resilient in the face of multiple shocks over the past five years, and maintained access […]
The Israeli cabinet approved the deal signed between Israel and a consortium including U.S. firm Noble Energy on the production of natural gas at the offshore Leviathan field located in the Mediterranean amid criticisms that it is detrimental to the interest of the average Israeli citizen because the conditions of the deal do not encourage […]
Abu Dhabi’s renewable energy company Masdar announced on Sunday that it has completed a landmark off-grid solar power project, supplying energy to 19,438 households in more than 1,000 rural villages in Morocco. The announcement was made Sunday on the sidelines of the 8th session of the International Renewable Energy Agency (IRENA) held in Abu Dhabi […]
