Libya-Car-Bomb-Sebha

IFC-led consortium backs $572m Aswan solar-storage project to deepen Egypt’s energy resilience

The International Finance Corporation (IFC), on Thursday, 18 December 2025, announced a strategic partnership with Dubai-based AMEA Power and Japan’s Kyuden International Corporation to develop a 1,000-megawatt solar power plant integrated with a 600MWh battery energy storage system in Aswan, southern Egypt. The $571.8 million financing package, led by IFC with support from international partners, […]

Greece rejects Libyan maritime claims, urges dialogue on border delimitation

The Greek Government has lodged a verbal note with the UN Secretary-General rejecting what it termed as “Libyan claims” over two maritime blocks, south of Crete, asserting that the areas lie within its continental shelf and Exclusive Economic Zone (EEZ), in accordance with the median line principle and its maritime demarcation agreement with Egypt. A […]

Tunisia: Political process positive but economy lingering behind, Central bank

Tunisia’s central bank has applauded the “positive development in the political process” after the successful parliamentary and presidential elections but signaled that the results are yet to have a strong impact on the economy for now as the beginning of the year was “characterized by negative economic indicators” amongst which are the industry and tourism […]