Category: MENA
Morocco secures $114 mn in funding for Africa’s first EV battery factory
The African Development Bank (AfDB) has approved a $110 million loan to support the construction of Africa’s first gigafactory in Morocco, backing the continent’s push…
Kuwait’s KPC Signs $16 Billion Lease and Leaseback Deal for Oil Pipeline Network
Kuwait Petroleum Corporation (KPC) has signed a $16 billion deal to lease and lease back its crude oil pipeline network with a consortium comprising global…
UAE company plans to develop smart roads in Kazakhstan
Presight AI has signed an agreement with Kazakhstan’s Ministry of Transport to develop smart road technologies, the company’s Chief Executive Officer Thomas Pramotedham as saying on…
Saudis are skipping developers to build their own homes
Saudi Arabia‘s clampdown on land hoarding is prompting citizens to buy plots and build their own homes, analysts say, leaving developers struggling to sell higher-priced…
UAE’s social media ban with a VPN? Officials say no
The UAE’s new social media ban for children under 15 will make it much harder for kids to create underage accounts. Simply entering a false date of…
Marrakech with Les Roches supporting emerging tourism start-ups
Les Roches, through its innovation hub SPARK, has congratulated the winners of the UN Tourism National Startup Competition, an initiative supporting entrepreneurs who are redefining…
Morocco and Syria Establish Joint Business Council
Syrian Foreign Minister Asaad al-Shaibani reopened on Thursday his country’s embassy in the Moroccan capital Rabat. The FM was on an official visit to the…
Saudi Arabia to Establish Int’l Center for Digital Governance in Riyadh
Saudi Arabia’s Digital Government Authority has said it held discussions with the United Nations Department of Economic and Social Affairs (UN-DESA) to host in Riyadh…