The recent $14 bln deal between Morocco’s water and electricity provider ONEE and a consortium comprising TAQA Morocco and Nareva, provides for setting up desalination plants across Morocco, in response to the country’s strategy to reduce reliance on dams and groundwater in a context of drought. Under this deal, Morocco will add 900 million cubic […]
The oil tanker flying Indian flag accused by the United Nations and the Libyan National Oil Company (NOC) of carrying illegal oil on behalf of the Libyan rival government based in the East has finally returned the shipment to the unity government, Head of the NOC said on Sunday. “Thanks to the intervention of the […]
The Egyptian government has made another U-turn after a lot of pressure from investors. The government decided to unveil a 10% tax on stock dividends and investment gains from takeovers in December 2012, but the decision wasn’t welcomed by investors. The government says it is part of the austerity measures that should be implemented to […]
