Libya
Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
Egypt has earmarked five areas along its Red Sea coast for Saudi investments, Prime Minister Mostafa Madbouly announced. Speaking at a press conference, Madbouly outlined plans to link the Egyptian and Saudi electricity grids by summer 2025, alongside major investment projects. These include Ras Banas, a peninsula with nature reserves and a port, and a tourist zone in the Red Sea Governorate. Egypt aims to foster Saudi investment and expand cooperation between the two nations.
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Libya
Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
Morocco
Morocco’s economy slowed in late 2024 to 3.7%
According to the High Commission for Planning (HCP), Morocco’s economy expanded by 3.7% in the last quarter of
Egypt
Egypt’s GDP for FY Q2 hits 4.3%
Egypt’s GDP growth rate continued to recover during Q2 FY 2024/2025, recording 4.3%, up from 2.3%
Tunisia
Brazilian cement giant Votorantim Cimentos divests its Tunisian interests to China’s Sinoma
Brazil’s Votorantim Cimentos has divested its assets located in Tunisia to Chinese based Sinoma Cement. Votorantim Cimentos said it