First Independent Mena Newspaper
Egypt’s ambitious goals to have renewable energy accounting for over 42% of Egypt’s energy mix by 2040 were outlined during the BRICS Energy Ministers Conference held in Moscow this week. In an address before the conference, Minister of Electricity and Renewable Energy, Mahmoud Esmat, said Egypt also targets to capture 5-8% of the global green […]
A meeting held in London on Friday explored ways for Moroccan expatriates to make the most of the measures put in place by Morocco to increase their investments in their country of origin. Held under the theme “MDM Investments: New Challenges, New Financing, Institutional Responses,” the event is part of a series of conferences initiated […]
Hydrocarbons giant Exxon Mobil plans to invest 10 billion dollars in Nigeria’s offshore oil, a spokesman for Nigeria’s presidency said. The investment was discussed by Nigeria’s Vice President Kashim Shettima and the CEO of Exxon’s Nigeria operations Shane Harris on the sidelines of the U.N. General Assembly in New York, presidential spokesperson Stanley Nkwocha said […]
Morocco is developing its defense industry to reduce its dependence on foreign weapons purchases and strengthen its military capabilities to counter threats to its national security. After it adopted the legal frameworks governing military industry clusters and established military industry zones, the North African Kingdom attracted India ‘s “TATA Advanced Systems”, which has become one […]
Palestinian Prime minister and Minister of Foreign Affairs, Mohammad Mustafa, expressed, Thursday in New York, his thanks and gratitude to King Mohammed VI, Chairman of the Al-Quds Committee, for his sustained efforts in favor of the Palestinian people. “I would like to renew my thanks to His Majesty King Mohammed VI for his sustained efforts […]
The European Bank for Reconstruction and Development (EBRD) has adjusted Egypt’s economic growth projection upward, anticipating a 4% increase in FY2024/2025, indicating a positive recovery trajectory. Growth for FY2023/2024 was revised to 2.7%, with GDP expansion expected to reach 3.2% in 2024 and 4.5% in 2025. Inflationary pressures have moderated, with inflation declining to 25.7% […]
The Central Bank of Libya (CBL) has announced an extension for the circulation and acceptance of the first and second editions of its 50-dinar banknotes, providing relief to both Libyan citizens and financial institutions amid ongoing economic challenges. This move aims to mitigate concerns over the potential disruption caused by the withdrawal of the banknotes. […]
The Center for Research, Studies, Documentation, and Information on Women (CREDIF) launched on Thursday its first digital publication, Tunisian Women in Figures 2024, a comprehensive scientific document that compiles statistical data from a variety of public institutions and national professional bodies. This report offers a detailed examination of women’s roles and experiences across several sectors, […]
The Moroccan government has launched a $258,69 million rehabilitation program for areas in the southeast of the Kingdom severely impacted by recent floods. The initiative, launched in implementation of the instructions of King Mohammed VI, is meant to address the impact of the unprecedented rainfall that has resulted in significant human losses and extensive damage […]
The Netherlands reiterated, Thursday in New York, its support for the Moroccan autonomy plan, deeming it a “very serious and credible” contribution to the political process led by the United Nations. “The Netherlands considers the autonomy plan, presented by Morocco in 2007, as a very serious and credible contribution to the political process led by […]