libya-car-explosion-tobruk-parliament

french Voltalia to Build 2 Hydropower Plants in Morocco

Morocco’s Energy Ministry delivered permits to Voltalia to build two hydropower plants of respectively 9.8 MW and 7.2 MW in the Middle-Atlas region. “These permits follow positive technical approvals delivered by the National Bureau for Electricity and Drinking Water regarding the connection of the plants to the national grid,” said the French company in a […]

Al Rayan gets Libyan bank takeover approval

Masraf Al Rayan’s desire to acquire an important share in a commercial bank in Libya has finally been approved by its extra ordinary general assembly. Al Rayan has for been yearning for increasing its capital in a Libyan bank to get what many reports describe as a strategic share. The extra ordinary assembly’s approval now […]

Tunisia: Runoff results, a plebiscite against corruption – PM Chahed

Tunisian Prime Minister Youssef Chahed welcomed the results of the Sunday runoff as a plebiscite against corruption, in reference to the defeat of media mogul Nabil Karoui formerly charged for money laundering and tax evasion. Around 72 per cent of the 7 million Tunisian voters Sunday picked independent candidate Kaïs Saïed as the country’s next […]