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…
Tag: ENERGY
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…
QatarEnergy, TotalEnergies, and ConocoPhillips Sign Deal Offshore Block Syria
French oil major QatarEnergy, TotalEnergies and ConocoPhillips have signed a deal with the Syrian Petroleum Company to launch a technical review of the offshore Block…
Record Demand … $10.5 Billion in Initial Orders for Aramco Bonds
Saudi Aramco saw on Monday a strong demand in the first hours after the company offered indicative pricing for four-tranche dollar-denominated bonds, with combined order…
Egypt Launch First Nationwide Aerial Survey Mineral Wealth in 40y
Egypt is preparing to launch its first comprehensive nationwide aerial survey of mineral resources in four decades, scheduled for the first quarter of this year,…
UAE records major gains in energy, housing and roads in 2025
In 2025, the UAE recorded a series of landmark achievements across the energy, infrastructure, maritime transport, housing and digital transformation sectors, highlighting its ability to…
UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy and artificial intelligence, following a visit by…
Egypt to open first of three new solar factories in December 2025
Egypt is set to open the first of three new solar manufacturing plants in the Suez Canal Economic Zone (SCZone) in December, marking a significant…
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…