27 April, 2017
Article length: 61 words
Region: Cross-border power trading
The six Gulf Co-operation Council (GCC) countries have joined with Iraq, Yemen and six other countries to sign a memorandum of understanding for the establishment of a joint electricity market. The agreement was signed in Cairo on the sidelines of the 12th session of the Arab Ministerial Council for Electricity and also involves Algeria, the Comoros, Egypt, Libya, Morocco and Sudan.