October 17, 2026
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Tag : morocco

Business

World Bank backs Morocco hydropower storage with $265m

omandailynews.com
The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north. The financing backs a major storage project designed to help Morocco add more renewable power...
Business

Air Arabia Q1 profit slips as regional disruption bites

omandailynews.com
Air Arabia reported a net profit of AED 278 million for the first quarter ended March 31, 2026, as regional airspace closures and temporary operational restrictions weighed on capacity during the period. The Sharjah based carrier said first quarter profit...