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Earthquake: Spanish rescue workers, Doctors Without Borders hail professionalism, great logistical effort deployed by Morocco

Spanish rescue workers and members of the international humanitarian organization “Doctors Without Borders” who took part in relief operations following the earthquake that shook several regions in central Morocco on September 8 have commended the professionalism, great logistical effort, and the swift and efficient response of Moroccan authorities on the ground to help the affected […]

Major Job cuts to save UBS

Lately many European banks have been suffering because of the slow European economy. UBS, one of the major Swiss bank wishes to prevent dilapidating profits by diminishing operations that have been jugged risky. Thus deciding to mainly exploit its wealth management group. This bank that is based in Zurich was forced to put in place […]

Xlinks explores alternatives after UK declines long-term deal for Morocco power link

The UK government has declined to enter formal negotiations for a long-term green electricity purchase agreement with Xlinks, the company behind a proposed £20 billion subsea power cable linking Morocco to the UK. The decision, confirmed earlier this month, effectively rules out a 25-year Contract for Difference (CfD) that Xlinks had sought to secure financing […]