Tag: KSA
Headlines Libya

Libya: attracting financial ventures from Riyadh

North Africa PostComments Off on Libya: attracting financial ventures from Riyadh

The president of the Libyan National Conference, Dr. Muhammad Al-Muqairef, is at the head of a delegation in the Kingdom of Saudi Arabia to widen their global portfolios should consider carrying out projects in conjunction with the Libyan government. The country is on verge on rebuilding its economy and President Dr. Muhammad Al-Muqairef is trying […]
Business Finance

Egypt Seeks $2 billion Assistance from Algeria

North Africa PostComments Off on Egypt Seeks $2 billion Assistance from Algeria

The Egyptian government is reportedly seeking financial assistance from Algeria in the form of a $2 billion deposit. Egyptian government sources were quoted by the media as saying that the matter would be discussed at the talks Egyptian Prime Minister Hisham Kandil is holding this week in Algeria with Algerian officials, including with Premier AbdelMalek […]
Business Energy Headlines Morocco

Morocco: Saudi-led Consortium Wins $1 Bln Solar Plant Bid

North Africa PostComments Off on Morocco: Saudi-led Consortium Wins $1 Bln Solar Plant Bid

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 Morocco. The plant, to be built near city of Ouarzazate, is the first phase of a 500-megawatt ambitious project, first of its kind in Northern Africa. The Saudi-led consortium includes Spanish firm […]