A consortium led by Saudi’s company ACWA Power International has won a $1 billion contract to build a 160-megawatt solar plant in Southern Moroc...

Palestinian fiscal crisis deepening, WB warns
The World Bank has warned that the fiscal crisis in the Palestinian territories is deepening, urged donors to take urgent action to face up the situat...

Morocco, Jordan and Tunisia gets European bank investments
Morocco, Jordan and Tunisia will soon benefit from investments coming from Europe’s Bank for Reconstruction and Development (EBRD) as their economies ...

Abraaj Capital and OPIC agree on joint venture
As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by ...

Emirates & Qantas Airlines Make Seismic Global Pact
The Dubai-based Emirates Airline and the Australian flag carrier Qantas have announced a global partnership that would align their ticket prices and f...

Turkey: Assessing the Black Sea’s hydrocarbon potential
During a news conference at the Turkish capital, the Chief Executive of Shell announced that oil exploration and production possibilities are being an...

Qatar: Ahli bank seeks capital increment
One of the banks in Qatar has announced its intentions to raise its capital value in a released statement. The bank, Ahli bank, is ranked as the seven...