INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Morocco, UK ink pact on climate action, clean energy, green growth

Morocco and the United Kingdom sign Strategic Framework for Cooperation on climate action, clean energy and green growth.
  • The agreement aims to facilitate Morocco’s accelerated transition from fossil fuels to clean and affordable energy
  • It also aims at the systemic integration of climate action into government and private sector planning and action

Rabat, Morocco: Morocco and the United Kingdom signed on Tuesday a Strategic Framework for Cooperation on climate action, clean energy and green growth.

Signed by Moroccan foreign minister Nasser Bourita, and the UK Minister of State for the MENA region Lord Ahmad, the agreement aims to facilitate Morocco’s accelerated transition from fossil fuels to clean and affordable energy, Maghreb Arab Press (MAP) reported.

It also aims at the systemic integration of climate action into government and private sector planning and action, as well as spurring the growth of strong, diversified, and sustainable economic sectors that unlock quality jobs, investment, and growth.

The signing of the agreement came on the sidelines of the 4th session of the Morocco-UK Strategic Dialogue, co-chaired by Bourita and Lord Ahmad.  

Launched in London on July 5, 2018, the Strategic Dialogue seeks to consolidate the historical ties between the two kingdoms.