Saïd Chitour BBC Algeria

Romania: Morocco’s OCP to Create Joint Fertilizer Company with Emirati Al Dahra

Office chérifien des phosphates (OCP), Morocco’s phosphate group, will soon open a fertilizer company in Romania in conjunction with Al Dahra, an Emirati multinational agribusiness group, reports say. OCP and al Dahra will set up South East European Fertilizer Company (SEEFCO) with a capital estimated at $5 billion. The Moroccan government’s approval of the operation, […]

Egypt to invest $748.5M in drilling 46 new oil and gas wells

The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]

Morocco: Two ecstasy trafficking attempts foiled Saturday

Police agents at Tanger-Med Port foiled on Saturday an ecstasy trafficking operation. Policemen seized a total of 568,000 ecstasy pills that were aboard an international cargo truck registered in Morocco and coming from the port of Algeciras, Spain, national police said in a statement. The truck’s driver and his assistant, aged 48 and 26, respectively, […]