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EU loans Tunisia €200m for SMEs financing

Tunisia has ratified a loan agreement with the European Union for €200 million to be tapped by the country’s Small and Medium Enterprises (SMEs). The deal for the credit line which includes €50 million in form of grant, was signed back in June last year and covers the 2021-2023 period. The financing aims to boost […]

King Reviews Morocco’s Road Map to Boost Renewable Energy

Morocco’s road map to boost its renewable energy development plans was discussed at a meeting held in Casablanca Friday under the chairmanship of King Mohammed VI. During the meeting, managing director of the Moroccan Agency for Sustainable Energy (MASEN), Mustapha Bakkoury, made a presentation on the achievements scored up to 2017, when the share of […]

Libya to Take OAPEC Presidency from January 1, 2026 as Ministers Endorse Leadership Transition

Libya will assume the presidency of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), alongside chairing the Executive Bureau, starting from January 1, 2026, marking a renewed leadership role within the regional energy bloc. The development was confirmed during the 115th meeting of the OAPEC Council of Ministers held on […]