attijariwafa-agence-maroc

Algeria: Army Chief presses for elections to be held before year’s end

Head of the Algerian army has called on electoral commission to hold presidential elections before end of the year as the country drags into political instability since the fall of former leader Abdelaziz Bouteflika forced to step down early April. Lieutenant General Ahmed Gaid Salah, according to state television, urged the electoral body to “issue […]

British Gas Company Gets 25 % Stake in Morocco’s Sidi Moktar project

British Sound Energy has bought 25 pc stake in the Sidi Moktar project, which comprises three onshore gas permits in Morocco. The UK independent company has inked the £3.57 million deal with Maghreb Petroleum Exploration after initially agreeing the deal last October. The Sidi Moktar licences cover 2,700 square kilometres in the Essaouira basin, central […]

Morocco’s Tanger Med Industrial Zone, 2nd most competitive in world ranking

Morocco’s Tanger Med Industrial Zone ranked 2nd most attractive on a Financial Times FDI Intelligence ranking. Tanger Med Industrial Zone stood out in the ranking, dubbed FDI Global Free Zones of the Year 2020, which compares the competitiveness and attractiveness of 100 platforms across the world. Tanger Med was outperformed only by Dubai Multi Commodities […]