Asia Egypt Energy Headlines International

Egyptian manufacturer to build 1,965 MW plants in UAE

The Egyptian El Sewedy Electric Co. SAE, through its subsidiary Elsewedy Power, has been awarded the construction of two power projects with a combined capacity of 1,965 MW in the United Arab Emirates. The implementation of these projects will be done in collaboration with other world-class energy entities such as Siemens, according to Ecofin News […]

Africa Asia Business Headlines International

The top beneficiary countries of Sino-Africa trade in 2018

Trade import and export volumes between China and countries from Africa have grown significantly in 2018, but only 15 countries from the continent have benefited from the growth. According to Chinese customs service, most of these countries are located in sub-Saharan Africa, with the exception of Libya. These are Angola, South Africa, Congo, DRC, Zambia, […]

Asia Headlines International Morocco

Iraqi suspected of financing terrorism arrested in Casablanca

Elements of the National brigade of the Judicial Police (BNPJ) arrested this Wednesday in Casablanca an Iraqi national suspected of fund-raising for the benefit of jihadists operating in the Syrian-Iraqi zone. The arrest of the Iraqi national was operated on the basis of tip-offs  provided by the General Directorate of Territorial Surveillance (DGST). According to […]

Africa Asia Headlines International

Chad inks MoU with Dubai-based AMEA for 120MW solar project

Negotiations are currently underway between Chadian government and Dubai-based energy developer AMEA Power for the construction of a 120 MW solar plant near the capital N’Djamena. A Memorandum of Understanding (MoU) on the project was signed between AMEA Power and the government of Chad, local media reported. Chadian authorities have announced that the project that […]

Africa Asia Headlines International

Oil-for-roads: South Sudan allocates 10,000 bpd to Chinese companies

The government of cash-strapped South Sudan has agreed to allocate 10,000 barrels of its crude oil per day to Chinese firms to build roads in the country. Chinese companies will build two highways in exchange, the government said in a statement after a cabinet meeting in Juba last weekend. According to deputy information minister, Lily […]

Asia Headlines International Libya

Libya: Qatar’s QNB sells shares in Bank of Commerce & Development

Qatar’s National Bank (QNB) has relinquished its shares in Libya’s largest private bank, Bank of Commerce & Development. Bank of Commerce & Development in statement said it bought QNB’s equities, 49 per cent, Libya Observer reported. Libyan investors acquired the equities, according to the bank. QNB announced six months ago it was pulling out of […]

Asia Europe Headlines International

EU-Arab Ministerial Meeting Focuses on Terror, Climate Change, Migration

The fight against terrorism, climate change and migration-related issues were at the center of the European Union-Arab League ministerial meeting held Monday in Brussels. The two sides reviewed ways of enhancing the partnership between Europe and the Arab world and promoting multilateralism. They also discussed issues of migration, the crisis in Libya and the situation […]

Asia Business Europe Headlines International

IsDB, EIB to co-finance more projects in Africa, Southern Mediterranean Countries

The Islamic Development Bank (IsDB) and the European Investment Bank have discussed at meetings held in Luxembourg this week opportunities for co-financing new projects in Africa and Southern Mediterranean Countries. The meetings were held as an IsDB delegation, led by the Bank’s President, Bandar Hajjar, is visiting the European Investment Bank’s headquarters in Luxembourg. During […]

Algeria Asia Egypt Europe Headlines International Morocco Tunisia

Prosecutors General from Europe, Mediterranean committed to international judicial cooperation

Prosecutors General from Europe and Mediterranean countries (Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, the Palestinian Authority, and Tunisia) agreed on the Guiding Principles of the EuroMed Forum of Prosecutors General setting up the main objectives and principles of collaboration, communication and continuation of the Forum with the objective of improving international judicial cooperation. The agreement […]

Asia Headlines International Tunisia

Palestinian cause to top Arab summit agenda — Tunisian President

“The Palestinian cause will be at the heart of the priorities of the next Arab summit scheduled for next March in Tunis,” said Friday President Beji Caid Essebsi. “Tunisia will spare no effort to make the voice of the Palestinian people heard and defend their cause in the world, especially in light of Tunisia’s candidacy […]