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
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The formal launch of the Arab Common Electricity Market has been initiated at the 15th session of the Arab Ministerial Council for Electricity held in Cairo. Assistant Secretary-General for the Economic Sector, Ali Al-Maliki, delivering remarks on behalf of the Arab League, hailed the launch as a “historic event” that underscores the depth of Arab cooperation in the electricity sector. The agreement to establish the market was signed by 11 countries, including Egypt, Kuwait, Libya, Morocco, Palestine, Qatar, Saudi Arabia, Sudan, Syria, UAE, and Yemen.
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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