Saudi renewable energy company, Acwa Power, said a new breakdown will leave a solar plant in Noor Ouarzazate project idle until November 2024, totaling losses estimated at 47 million dollars. The breakdown was due to a storage problem, it said in a statement on the Saudi Stock Exchange, adding that it was planning to build […]
Amid bleak growth prospects in the MENA region on the backdrop of tightening fiscal policies in response to low oil prices, Morocco stands out with forecasts to post favorable growth prospects on the medium-term, Capital Economics’ Q2 2016 Middle East Outlook report said. “And Morocco’s economy, whose medium-term prospects are the brightest in the region, […]
Tunisian coastguards have foiled 9 clandestine migration attempts involving 306 people, in several regions of the country. Colonel Houssem Eddine Jebabli, spokesman for the Direction General of National Guard in three different statements indicated that units of the National Guard in the regions of the center and Sahel (east coast) have foiled, in the nights […]
