North Africa is emerging as a growth engine
North Africa is emerging as a growth engine, led by Morocco and Egypt. But structural challenges persist. This year again, North Africa is the fastest…
Category: ENERGY
Energy Leaders at ADIPEC: Peak in Oil Demand Not Seen Yet
Senior officials in the energy sector agreed Monday during the Abu Dhabi International Petroleum Exhibition and Conference “ADIPEC” that global oil demand has not yet…
Qatar Chamber explores enhancing cooperation with Morocco in renewable energy
Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari held a meeting yesterday with a delegation from Morocco’s National Federation of Electricity, Electronics and Renewable…
China bets on Morocco to lead Africa’s electric energy future
Morocco is preparing to build Africa’s first battery gigafactory, a $5.6 billion project backed by China’s Gotion High-Tech, which will place the North African kingdom at the…
Sudani Launches $450 Billion Investment Opportunities in Iraq
Iraqi Prime Minister Mohammed Shia al-Sudani unveiled investment opportunities worth $450 billion across multiple sectors, signaling an ambitious drive to diversify the country’s economy and…
Morocco’s green energy could power half of Europe electricity?
Morocco’s trade minister says his country could, in theory, keep half of Europe’s lights on. With vast solar fields and powerful Atlantic winds, the North African kingdom claims…
What’s the big deal about AI data centres?
It’s such a big number that it’s hard to imagine. Worldwide, around $3tn (£2.2tn) will be spent on data centres that support AI between now…
Oil Extends Declines after Iraq, Kurds Agree to Restart Oil Pipeline
Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional governments to restart an oil…
Peregrine Hydrogen and OCP Group Forge Major Partnership in Morocco
There’s something special about the wind-whipped plains near Khouribga—far from being just another mining hub, Morocco’s phosphate basin is morphing into a green energy epicenter. It all…
Saudi Aramco launches dollar sukuk with $200k min as debt push widens
Saudi Aramco has launched a new international sukuk offering, with a minimum subscription of $200,000, as the state oil giant seeks to re-tap global debt…