• The EBRD invests in four SEMED countries, Egypt, Jordan, Morocco and Tunisia, whose rapidly rising populations and expanding economies have led to increased demand for electricity. (finchannel.com)
  • Significant work has been done in the development of national networks to support the creation of green businesses in eight Southern Mediterranean countries: Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestine and Tunisia. (switchmed.eu)
  • Exporting the Tunisian sun to Europe has been the ambitious vision of the Tunisian-British company TuNur for the past ten years, as it plans to develop a mega solar power plant in southern Tunisia. (mediasupport.org)
  • In Tunisia, Morocco, Algeria and Egypt, companies have set up in the desert where they plan to build mega solar power plants in order to export this energy to Europe. (mediasupport.org)
  • In southern Tunisia, on the Algerian border, a gigantic solar power plant developed by the Tunisian-British company TuNur may spring up in the upcoming years. (mediasupport.org)
  • The latter aims at "providing low-cost electricity to 2 million European homes," through a transmission line linking Tunisia to Europe via Italy, and thus reducing CO2 emissions by five million tonnes per year, according to an announcement made by the company. (mediasupport.org)
  • Fellow Maghreb country Morocco has in recent years surpassed Tunisia as tourist destination and the two entertain rivalrous, step-brotherly relations. (global-counsel.com)
  • International reportedly used so-called CSR to access high-level officials in Egypt, Jordan, Lebanon, Morocco, Pakistan, Tunisia and the United Arab Emirates (11) . (who.int)
  • Recognising its potential, the government has actively supported the development of the Information and Communications Technology (ICT) sector, which serves as a catalyst for attracting investors to choose Egypt as their outsourcing destination and business service hub. (jll.co.th)
  • This depreciation has made it more affordable for foreign companies to outsource operations to Egypt, enabling them to benefit from lower labour costs while maintaining control over non-revenue generating functions. (jll.co.th)
  • This operation from Egypt to Italy, from the South to the North, is the biggest Euro-Mediterranean investment in history. (iemed.org)
  • Egypt had achieved some success with the PPP model before the January 25 revolution, establishing a PPP unit in 2006 which oversaw a number of projects in which domestic firms joined forces with consortia of some of the world's largest companies to bid for large public sector infrastructural contracts. (oxfordbusinessgroup.com)
  • Outside of domestic reforms, Egypt has also taken a particularly bullish stance in recent months to strengthening investor confidence, including re-starting IMF consultations. (oxfordbusinessgroup.com)
  • In the WHO Eastern Mediterranean Region, a rise in the use and placement of tobacco products on-screen in TV and movie scenes has been noted (8) , prompting a call for stronger monitoring of depiction of tobacco in entertainment media and cross- border advertising (9) . (who.int)
  • The Fund approved its first deal in August 2021, a loan to AktivCo - a company that finances clean energy solutions for powering telecommunication towers located in Burkina Faso, Cameroon, Chad, Côte d'Ivoire, and Niger. (oilnewskenya.com)
  • Also, in December 2021, it made an additional approval of a $5.5 million loan to BBOXX, a technology company exploring energy solutions that would provide electricity and other utilities to the millions without them, for the expansion of access to clean cooking solutions. (oilnewskenya.com)
  • According to the report's findings, between 2018 and May 2021, 672 European financial institutions had business relationships with 50 companies that are actively involved with Israeli settlements. (euromedrights.org)
  • Morocco, situated in the Maghreb region of North Africa, boasts a population of over 38 million people and is renowned for its rich history, diverse culture and breathtaking landscapes. (goglobalgeo.com)
  • As Morocco marks the 21st Anniversary of the enthronement of King Mohammed VI, on Thursday, Mrs Imane Ouaadil, her Ambassador to Ghana, says it is pushing a new developmental agenda for Africa to rely on her own resources - the "human genius and wisdom" - to transition to a more prosperous continent. (thevoicenewsmagazine.com)
  • We must work together to enable Africa to enter an era of prosperity, the Ambassador said in an interview with the Ghana News Agency to mark the Throne Day, symbolic a symbolic day of pride in the nation's independence, culture and monarchy. (thevoicenewsmagazine.com)
  • By targeting these emerging sectors in Africa, AGGF complements our climate and energy access portfolio, and is aligned with our strategic role as an early-stage catalytic investor", said Mr. Henrik Franklin, Director for Portfolio Origination and Management at the Nordic Development Fund. (oilnewskenya.com)
  • The participation of several international investors in the Fund is a clear demonstration of the opportunity that EuroMena's target regions (the Middle East and Africa) provide to foreign investors in terms of portfolio diversification. (blogspot.com)
  • In north-west Africa, in March, the Saadi ruler of Morocco sent a force under Judar Pasha to fight the Songhai Empire in Tondibi, in today's Mali. (justworldnews.org)
  • Serenity Holidays is a specialist UK tour operator offering quality holidays to a number of interesting destinations from The Gambia, Senegal and Cape Verde in West Africa to the islands of Corsica and Sardinia in Mediterranean. (blueandgreentomorrow.com)
  • Morocco is situated at the crossroads of Africa, Europe and the Middle East. (goglobalgeo.com)
  • This was followed by an afternoon trip to GITEX Africa , the continent's largest all-inclusive tech event with 25,000 participants and connecting tech titans, governments, SMEs, start-ups, coders, investors and academia to accelerate, collaborate and explore new ventures. (bgfashion.net)
  • The challenge of integrating RES, particularly 'green electricity', in the Euro-Mediterranean energy space seems to follow the outward Europeanisation path so beloved to the EU in its relations with neighbours. (realinstitutoelcano.org)
  • In the summer of 2005, the Egyptian Naguib Sawiris, first shareholder of the Egyptian Telecom Company Orascom, became the main Euro-Mediterranean investor. (iemed.org)
  • Through its Green Entrepreneurship Programme, SwitchMed has significantly enhanced sustainable business development services in Southern Mediterranean countries. (switchmed.eu)
  • Moreover, the Green Entrepreneurship Programme is incubating almost 100 Circular startups (50% of which are led by women) selected among the best Sustainable Business Models in the eight countries to launch their companies. (switchmed.eu)
  • Since 2008, Masdar has also concluded several agreements with international companies for the implementation of a wide range of renewable energy ventures, including one with German company Coenergy for a plant to produce solar panels as part of a $2bn programme, and an association agreement worth $1.2bn with the Spanish company Sener for the development of a photovoltaic power station, according to Sarkis. (eu.com)
  • The most ambitious is Morocco, which in November 2009 announced a $9bn programme for installing renewable energy power plants with a total capacity of 2 GW by 2020, representing 14 per cent of the country's total power generation capacity at that point. (eu.com)
  • We saw a range of the university's facilities including their pioneering 1337 school, the first computer training programme in Morocco, producing the next generation of talented coders and computer scientists. (bgfashion.net)
  • Sound Oil, the European / Mediterranean focused upstream oil and gas company confirms that the Nervesa appraisal well has now reached Total Depth at 2,178 metres. (soundenergyplc.com)
  • Ambassador Ouaadil said the global health crisis had shown that tangible intra-African solidarity must emerge and African unity and resilience must be at the forefront of the continental agenda and programmes, which she explained, was demonstrated by Moroccan companies based in Ghana, generously contributing to the Ghana COVID-19 Relief Fund. (thevoicenewsmagazine.com)
  • She said through The Moroccan Agency for International Cooperation (AMCI), Morocco had trained over 25,000 graduates from 47 African countries, including Ghana. (thevoicenewsmagazine.com)
  • Mrs Ouaadil said the strategic partnership between the two banks had since then been effective and opened up new market perspectives for both parties, adding, "More Moroccan companies have come to Ghana this year in different sectors of activity and more will come after the pandemic settles, so we are very optimistic. (thevoicenewsmagazine.com)
  • the others in Albania and Morocco, with the Moroccan plant producing ammonia from green hydrogen. (specchemonline.com)
  • Nippon Express France, S.A.S. (hereinafter, "NEF"), a subsidiary of Nippon Express Co., Ltd., has opened a Tanger Med Logistics Center in the Moroccan port of Tanger Med, and this Center began operations on Wednesday, June 26, as NEF's second location in Morocco. (vesseltracker.com)
  • The Moroccan Investment Development Agency (AMDI) also provides support for foreign investors, from project development to aftercare services. (goglobalgeo.com)
  • The most important economic piece of news of 2005 in the Mediterranean was about the great investments made by private multinational companies - but rather than the north investing in the south, it was the other way round. (iemed.org)
  • With a diversified economy and a skilled yet cost-effective workforce, Morocco offers a host of opportunities for multinational companies (MNCs) seeking to expand their operations. (goglobalgeo.com)
  • For companies looking to gain a competitive edge and focus more on strategic goals, outsourcing has emerged as a compelling solution as it increases productivity and efficiency, reduces cost, as well as leads to savings in time on day-to-day operations. (jll.co.th)
  • The round was co-led by Wa'ed Ventures and Raed Ventures, with participation from SVC, STV, Riyadh Valley Company (a subsidiary of King Saud University), Endeavor, Sanabil 500, Qyem Development Holding, and Nahlat Alarab Holding, among other strategic investors. (techloy.com)
  • With a robust track record of successful projects in the home market, the company has been looking towards strategic expansions to new geographies, noted Tahaineh. (gulfconstructiononline.com)
  • The transaction further demonstrates our strong partnership with OGIF and further consolidates our position as a leading onshore operator in Morocco. (soundenergyplc.com)
  • Our activities in the country support the goals set up by the European Neighbourhood Policy (ENP) and other EU bilateral agreements, such as the recent and first of its kind EU-Morocco Green Partnership . (eib.org)
  • The European Commission , in partnership with StartUp Morocco and Euromed Clusters Forward , organised the European Cluster Collaboration Platform EU-South Med Matchmaking Event . (bgfashion.net)
  • According to two U.S. researchers, Steve Askin and Carole Collins, Mobutu was on the take from foreign private investors and foreign governments and security agencies alike. (latimes.com)
  • But how can Western governments, companies and investors engage with a country that is returning to presidential autocracy? (global-counsel.com)
  • After proving the project's success to the stakeholders and investors, the company extended its promising vision to Serrano project, also located in the New Administrative Capital. (menafn.com)
  • Furthermore, different stakeholders including the primary sector, regional authorities, and investors to prevent market failures and unsustainable bio-based processes will be involved. (eaic.eu)
  • Companies that were founded and located in southern Mediterranean countries, invested in countries on the northern shore. (iemed.org)
  • The entirety of the green electricity production would be directly transmitted to the northern shore of the Mediterranean, with absolutely no benefit to the local populations. (mediasupport.org)
  • Clemens Calice, Co-CEO and founding partner of Lion's Head Global Partners said: "We are excited to welcome the African Development Bank, SEFA and NDF as investors to the AfricaGoGreen Fund. (oilnewskenya.com)
  • The Fund will take efforts to transition to a lower-carbon economy a step further by offering financing to innovative African companies that embrace energy efficiency as a challenge and an opportunity. (oilnewskenya.com)
  • EuroMena attracted first-time international investors to its third fund such as the International Finance Corporation (IFC), the German Investment and Development Corporation (DEG), and the UK's Development Finance Institution (CDC Group) in addition to third and second time investors such as the European Investment Bank (EIB) and the French Public Wealth Funds (Proparco) respectively. (blogspot.com)
  • To do so, the Fund leverages on its internal resources and its large network of prominent partners, investors, businessmen and advisors in the region. (blogspot.com)
  • Directive 2009/28 on renewable energies explicitly contemplates green electricity imports from third countries, and the Mediterranean Solar Plan offers an economic and institutional framework for its deployment in the Southern neighbourhood. (realinstitutoelcano.org)
  • This Policy Paper analyses these two energy policy instruments, Directive 2009/28 and the Mediterranean Solar Plan, focusing on their development implications for Mediterranean Partner Countries (MPCs). (realinstitutoelcano.org)
  • This organisation has affiliated companies in France (Banque Banorabe), Switzerland (Banque Banorient), Syria (Bank of Syria and Overseas) and representative offices in half a dozen countries. (iemed.org)
  • The FINANCIAL - The European Bank for Reconstruction and Development (EBRD) is teaming up with the Regional Centre for Renewable Energy and Energy Efficiency (RCREEE), an organisation promoting sustainable energy practices in Arab countries, to reduce energy intensity in the southern and eastern Mediterranean (SEMED) region and increase the use of renewable energy. (finchannel.com)
  • The Tanger Med port now connects Morocco to 77 countries and 186 ports around the world. (vesseltracker.com)
  • Sustainable business development has been improved and enhanced in the Southern Mediterranean countries by promoting the networking of more than 100 Business Support Organizations for circular economy development, improving the capacities of 345 local experts and trainers, and supporting 800 green entrepreneurs and Start-ups. (switchmed.eu)
  • However, in low- and middle-income countries where regulation is weak, tobacco companies continue to promote their products, creating an illusion that they are like any other products, and marketing them in a way that normalizes smoking and attracts children (7) . (who.int)
  • Bourguignon is currently Vice Chairman of Revolution Places, Executive Co-Chairman of Exclusive Resorts, Chairman of the advisory board of Primonial, the largest independent wealth management firm in France, and an active investor in OneRagtime, the venture platform that invests in early stage technology startups. (wikipedia.org)
  • For example the operations carried out by the Algerian company Sonatrach, which holds the gas export monopoly in Algeria and which has significantly invested in Spain in the past couple of years. (iemed.org)
  • Cox & Kings, the world's longest established travel company, organizes high quality group tours, private journeys and tailor-made holidays to many of the world's most fascinating regions. (blueandgreentomorrow.com)
  • Ambassador Ouaadil said the North African country, bordering the Atlantic Ocean and the Mediterranean Sea, had therefore, opted to share and transfer its know-how and "offering to build a safe, solidarity-based future for all Africans. (thevoicenewsmagazine.com)
  • The country has direct access to the Mediterranean Sea and the Atlantic Ocean, making it an ideal hub for trade, supply chain diversification and business investment. (goglobalgeo.com)
  • Since 1979, our operations in Morocco have improved people's daily lives by providing access to clean water and energy, finance for small and medium-sized enterprises, sustainable mobility, health and education. (eib.org)
  • Our loans to the national railway company increase the quality of railways in the country and encourage green and sustainable transport. (eib.org)
  • The EIB provides finance and expertise for sound and sustainable investment projects in Morocco. (eib.org)
  • Survivors and foreign investors soon rebuilt around the port, leaving the old site as a memorial to the dead.Today, Agadir is a thriving resort area on the Atlantic, with an excellent beach and numerous luxury hotels catering to vacationing Europeans. (seabourn.com)
  • Then, just as the economy began to stabilise, the political unrest which followed the departure of President Mubarak further eroded the confidence of foreign investors: in in 2010/11 and 2011/12 FDI suffered a more precipitous drop, registering $2.2bn and $2.1bn, respectively. (oxfordbusinessgroup.com)
  • While only 3 percent of Tunisia's electricity is generated from renewable energy, and the country is struggling to meet its climate objectives because of the prevailing financial crisis, many foreign private investors are actively targeting Tunisian solar resources for export. (mediasupport.org)
  • The country offers up to 80% cost savings for entry-level salaries compared to its competitors Poland, Morocco, and Turkey. (jll.co.th)
  • In May 2010 Russia and Turkey signed an intergovernmental agreement (IGA) to construct four VVER 1200 MW reactors in Akkuyu at the Mediterranean coast of Turkey. (assystem.com)
  • Many of the agreements, she said, had been put into effect with the GCB Bank Limited of Ghana and Attijari Bank of Morocco, signing in 2018 an agreement complementing the MoU signed during the visit. (thevoicenewsmagazine.com)
  • A recent investigation by the Financial Times newspaper of London found Mobutu to be in possession of at least 20 properties from "Belgium to Ivory Coast, from Switzerland to Morocco," with a minimum assessed value of $37 million. (latimes.com)
  • Regardless of the proliferation of Lebanese operations, these financial multinationals exist in almost every southern Mediterranean country. (iemed.org)
  • We supported the construction, renovation and modernisation of hospitals in Morocco and helped the country to combat the COVID-19 pandemic. (eib.org)
  • As a small country, we try to facilitate things for our investors. (country-reports.net)
  • Morocco is a geographically diverse country that encompasses the Atlas and Rif mountains, the Sahara desert and the Atlantic and Mediterranean coasts. (sustainablefoodtrust.org)
  • The territory in this case is Western Sahara, South of Morocco, who includes the territory as part of its own country. (lu.se)
  • We financed projects to upgrade and rehabilitate the water supply and distribution infrastructure across Morocco. (eib.org)
  • Evonik is among the seven companies with operations in Germany that have launched the GET H2 alliance, which says that it "aims to create the basis of a European infrastructure for green hydrogen" by 2024. (specchemonline.com)
  • A major construction company managing large infrastructure projects has been appointed as general contractor of the project. (assystem.com)
  • Despite the difficulties in the region, EuroMena is playing a crucial role in developing the private sector growth and restoring employment in the Southern Mediterranean region which underpins the future aspirations of the region's youth. (blogspot.com)
  • Thanks to its extensions, Tanger Med port has now become the largest port in the Mediterranean region, surpassing some of the region's top ports like Algeciras (Spain), Valencia (Spain) and Gioia (Italy). (vesseltracker.com)
  • His forward-thinking leadership and understanding have positioned this region as a key market for the company globally, both in results, as well as expansion plans. (hotelnewsme.com)
  • With a large population and a growing market, Morocco presents a significant opportunity for MNCs looking to expand their operations. (goglobalgeo.com)
  • Damac Properties has been keeping momentum with the rapidly growing real estate market fervour, helping fill the supply chain to match the rising demands from investors in the UAE. (gulfconstructiononline.com)
  • Tobacco advertising, promotion and sponsorship (TAPS) are the primary marketing activities used by tobacco companies to boost sales and expand their market. (who.int)
  • What this means is that cherry tomatoes from Western Sahara can be sold at the European market labeled as originating from Morocco. (lu.se)
  • The company started building a chemical plant in Tarragona together with BASF, it holds shares in the Reganosa regasification plant in Galicia, while at the same time it allied itself with CEPSA to form a joint venture within the electrical sector. (iemed.org)
  • RES imports to the EU are mostly limited to biofuels and RES-generated electricity from Norway and, occasionally, from Morocco. (realinstitutoelcano.org)
  • Morocco is highly dependent on imports, consuming three times the amount of imported cereal than the world average. (sustainablefoodtrust.org)
  • Agreement, or the Liberalization Agreement, aimed at liberalizing the European imports from Morocco, is also applied to Western Sahara. (lu.se)
  • Madam Ouaadil said under the leadership of King Mohammed VI, Morocco was promoting South-South cooperation, fostering peace and stability on the continent and leading on key thematic issues for Africa's progress. (thevoicenewsmagazine.com)
  • The vast desert is ideal for solar energy, while the Mediterranean and North African coastlines are highly suitable for wind energy production. (eco-business.com)
  • Morocco, the only North African nation without oil resources, is a promising site for solar power because of its abundant sunshine combined with its government's eagerness to embrace solar energy. (eco-business.com)
  • Africa's Oil, Gas and Energy News. (oilnewskenya.com)
  • Masdar, which is an offshoot of Abu Dhabi Future Energy Company, part of the state-owned Mubadala group, has launched numerous projects both in the UAE and at the regional and international level. (eu.com)
  • And with sufficient investments in seawater desalination, Tunisia's annual 4000 hours of sunshine and its connection to the Trans-Mediterranean pipeline could even make it a formidable supplier of green hydrogen to meet Europe's future energy demand. (global-counsel.com)
  • Under the terms of an agreement signed last June, Saudi Aramco and the Japanese refining company Showa Shell are to develop a pilot solar power plant that will have a capacity of 10 MW and is due to come on stream in 2011. (eu.com)
  • He placed his money in Europe, by buying the Italian operating company GSM Wind for a little more than 12,000 million Euros. (iemed.org)
  • Industrial initiatives such as Desertec and the European-led Mediterranean Solar Plan tried to offer an industrial, economic and institutional ground for its development. (realinstitutoelcano.org)
  • The company currently has 10 million users and works with over 30,000 brands, including 10 of the largest retail groups in the MENA region. (techloy.com)
  • As well as its growing residential master communities, the company has announced multiple tower projects catering to the expanding luxury residential segment in the region. (gulfconstructiononline.com)
  • While still in the U.S., Bourguignon was recruited by The Walt Disney Company as the head of real estate development. (wikipedia.org)
  • These new investments are also expected to trigger additional investments by commercial investors and financiers either directly or through co-funding of projects", said Jan Martin Witte, Director Global Equity and Funds for KfW Development Bank. (oilnewskenya.com)
  • The aim is to ensure that development brings a positive experience for local people, tourism companies and the tourists themselves. (blueandgreentomorrow.com)
  • The latest round is led by Wellington Management with additional participation from growth equity investor Bluepool Capital, in addition to existing investors STV, Mubadala Investment Capital, PayPal Ventures, and Arbor Ventures. (techloy.com)
  • Normally they are venerable state-owned or public sector companies that acquired the necessary turnover for these operations thanks to state monopolies, and operated on a South-South axis. (iemed.org)
  • These South-North operations were occasionally structured around holding-type companies which invested in Europe the profits earned by the State in the exploitation of natural resources under monopoly conditions. (iemed.org)
  • Discover how our work improves quality of life in Morocco and beyond. (eib.org)
  • In as partner and manager of investor of this project, I had the opportunity in the past to look to many projects, as diverse as exciting. (earthandskycorp.com)
  • In December of the same year, the project company was established and in 2011, site studies were initiated in Akkuyu and its vicinity. (assystem.com)
  • The newspaper found the precise size of his fortune impossible to determine because "much of the property is held in the names of front companies, business associates and family members not using the Mobutu name. (latimes.com)
  • There have been many examples of internationalisation in southern Mediterranean private companies during 2005. (iemed.org)
  • The Ambassador said Morocco strongly believed that the mobilisation of private investments on the continent was essential to African economic integration to help to create jobs, improve productivity and increase exports. (thevoicenewsmagazine.com)
  • Comprehensive TAPS bans, based on Article 13 and the guidelines for its implementation, are strongly resisted by tobacco companies. (who.int)
  • The following steps in the final phase of the programme's execution will be to complete the incubation process and ensure access to financial support for the Circular Start-ups through matchmaking with financial actors and investors. (switchmed.eu)
  • Indeed, this coalition, which includes many EuroMed Rights members, is exposing the connections between companies involved in the Israeli settlement enterprise and European financial institutions. (euromedrights.org)
  • USD 114 billion was provided in the form of loans and underwritings, while European investors also held USD 141 billion in shares and bonds of these companies. (euromedrights.org)
  • Over the past few months, European States have been keeping a close eye on their southern Mediterranean neighbours' resources. (mediasupport.org)
  • E-commerce companies and platforms enjoyed a rise in activity and profits, while retailers that had not previously developed their online presence found themselves obliged to do so in order to survive. (africanews.com)
  • A global news organization operating across all major platforms. (country-reports.net)
  • Newsweek digital and print platforms deliver thought-provoking content to smart, successful readers in a modern news ecosystem. (country-reports.net)
  • Both the digital and print platforms are the authoritative news outlets of choice for the sought-after thought- leader audience. (country-reports.net)
  • But are there really no consequences for the populations and resources as these companies claim? (mediasupport.org)
  • The competition will see the participation of high-quality products coming-as usual-from Italy, Croatia, Slovenia, Greece, Spain and Portugal and - for the first time - Morocco . (oliocapitale.it)
  • COGNNA, a company specialising in cyber threat detection and response, closed a seed investment round, exceeding $2.25 million, making it the first cybersecurity startup in the Middle East to secure investment in this domain. (techloy.com)
  • So it came as something of a relief when, speaking on the sidelines of a conference in Cairo this September, Investment Minister Ashraf Salman broke some welcome news to the attending press pack. (oxfordbusinessgroup.com)
  • 2014 also saw the introduction of a new investment law which sought to ban legal challenges to investor-state contracts by third parties, which could help improve investor protection after a period of high-profile court cases involving past transactions - although it has raised concerns over the ability to ensure accountability. (oxfordbusinessgroup.com)
  • The latest news, insights and opportunities from global commercial real estate markets straight to your inbox. (jll.co.th)
  • Following our entry into Morocco last year, we have moved quickly to build our regional position further in a highly prospective area. (soundenergyplc.com)