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Libya: Sharara oil field will remain shut down until rebels leave, NOC Chief

The head of the Libyan National Oil Corporation (NOC) Tuesday said Sharara oil field, the country’s largest with a production capacity of 340,000 barrels per day, will remain shut down until rebels evacuate the oil facility they have been holding since December. “The armed group attempting to hold NOC and Libya’s economic recovery to ransom […]

Morocco Prepares Major Economic Initiatives for 2026 Growth Push

Morocco enters 2026 at a decisive juncture for sustainable growth, with multiple strategic projects and key deadlines expected throughout the year as the kingdom consolidates previous achievements. The economic outlook appears encouraging despite international uncertainties that marked 2025. Morocco’s economy demonstrated resilience in 2025 against challenging international conditions, including European economic slowdown and persistent geopolitical […]

Morocco gets €37.5 Mln EIB loan to improve water supply

The European Investment Bank (EIB) has lent Morocco’s National Electricity and Drinking Water Company (ONEE) €37.5 million to rehabilitate and improve water supply and distribution infrastructures in the country. An agreement was signed Friday by the two sides. The EIB funding will help the North African Kingdom to cut greenhouse gas emissions by reducing water […]