FAR Abdelfattah Louarak

Oil & gas: South Sudan looking for new investments

South Sudan’s minister of petroleum Awow Daniel Chuang on Thursday said the world’s youngest nation aims to attract international finance to help develop its oil and gas sector during the upcoming third oil and gas conference in Juba. According to Mr. Chuang, the country seeks investments to revive redundant projects in the oil and energy […]

Moroccan Parliament decides to reconsider its relations with European Parliament

The Moroccan Parliament announced Monday it has decided to reconsider its relations with the European Parliament (EP) and to subject these relations to an overall assessment, in order to take appropriate decisions, following the EP’s latest positions regarding Morocco. This announcement was made in a statement released Monday at the end of a joint meeting […]

SKF opens magnetic bearing plant in Morocco to meet growing demand

Swedish SKF Company, world leader in most innovative bearings, seals & lubrication systems, has opened its new factory in Tangier, Northern Morocco. The production site will manufacture components for magnetic bearings and high-speed electric motors, enabling SKF to meet the increased demand for these solutions while strengthening the Group’s position as a global leader in […]