Qatar Petroleum has taken 30% participating interest from the share of Chevron Morocco Exploration Ltd in three deep-water offshore leases located 200 km to the North West of Agadir’s coast. This acquisition came following a deal signed last February and approved by the Moroccan government, said Telquel magazine. Under the agreement, Qatar Petroleum will acquire […]
Morocco is set to reduce dependence on foreign arms suppliers through developing a domestic military industry with Spanish, French, US, Belgian and British partners under joint venture agreements, the Strategic Defense Intelligence (SDI) said in a recently published report. The reports notes that Morocco, the 13th largest global arms importer, is negotiating terms to set […]
About 500 entrepreneurs from the Gulf States, the Maghreb, Europe, and Mauritania, as well as officers of a number of different international organizations, attended the first Mauritania Investment Forum that took place in the Nouadhibou Free Zone on January 26-27. The event that was opened by Mauritania’s President Mohamed Ould Abdel Aziz, was later crowned […]
