Rubicon Water Picked for Morocco Canal Upgrade With A$12 Million Technology Share
A joint-venture bid has been selected for work on the Béni Moussa irrigation network in Morocco's Tadla region. Rubicon Water's proposed technology share is estimated at about A$12 million, but the contract remains unsigned and formal execution is expected only after the 15-day appeal period.
Read MoreMorocco Moves Toward Israel Embassies Despite Street Protests
Morocco is preparing to exchange ambassadors with Israel and deepen economic ties, even as organizers report protests in at least 45 cities. The move tests Rabat's effort to maintain strategic ties while supporting Palestinians.
Libya reopens oil pipeline after $95 million disruption
Libya's National Oil Corporation says pumping from the Sharara field resumed after a five-day shutdown. The disruption cut production by 942,376 barrels and caused about $95 million in reported losses.
UN warns Libya oil infrastructure attacks could trigger sanctions
The four-day disruption cost Libya an estimated 720,362 barrels of crude and about $95 million in direct losses. The UN warned that attacks on oil infrastructure could prompt Security Council measures. The National Oil Corporation says pumping has resumed.