News

In partnership with the Arab Fund for Economic and Social Development (AFESD), the World Bank Group and the League of Arab States (LAS) are launching today the first Pan-Arab Energy Trade Conference.

The 2-day conference, convened in Cairo, Egypt, is a key milestone towards finalizing the foundational stage of establishing the Pan-Arab Regional Electricity Market (PAEM). The ratification process for the market’s key legal agreements was discussed yesterday during a session held by the Arab Ministerial Council for Electricity (AMCE) in Cairo. The legal agreements approval is expected next year.