Sound Energy, the African and European focused upstream gas company, announced that it will start commercializing the first gas from Sidi Mokhtar in Essaouira Basin, central Moroco, by the end of 2017. Sound Energy, which received authorization last year to explore Sidi Mokhtar License area covering 2,700 square kilometres, confirmed that two wells Koba-1 and […]
Moroccan construction leader SGTM has received approval from the AMMC to launch an initial public offering (IPO) on the Casablanca Stock Exchange, aiming to raise 5.04 billion dirhams ($545 million). This makes SGTM’s listing the second-largest IPO in the history of the Moroccan bourse, underscoring the growing depth of the local capital market. The subscription […]
Two Moroccan airports were ranked in the top ten best airports in Africa by Skytrax, an international air transport rating organization. Marrakech-Menara airport and the Mohammed V airport of Casablanca were ranked respectively as fifth and sixth best airports in Africa, according to the ranking of the best African airports in 2021. Cape Town Airport […]
