Israeli NewMed Energy firm announced on Tuesday it has signed a deal with Morocco’s hydrocarbon authority and Adarco Energy for offshore natural gas exploration and production in the north African kingdom. Under the terms of the agreements, NewMed and Adarco will each hold a 37.5 pc stake in the Boujdour Atlantique exploration license, located off […]
A new high-tech textile industrial unit in Casablanca will start operations shortly, under an agreement signed this week by Minister of Industry and Trade, Moulay Hafid Elalamy, and the managing director of Omega Textile Maroc, Song Linghui. The unit, requiring an investment of 80 million dirhams, will manufacture hosiery, socks and lingerie by using new […]
King Mohammed VI of Morocco and President Xi JINPING of China have discussed the means to foster the two countries’ cooperation in a set of fields, among which is the fight against the coronavirus, said the Royal Office. This came in a phone call between the Moroccan Monarch and the Chinese President, the Royal Office […]
