Morocco’s industrial sector marked a historic breakthrough in 2024, generating 898 billion dirhams in revenue and achieving a record 30% increase in investment, industry and trade minister, Ryad Mezzour said. Speaking at the presentation of the Industry barometer, Mezzour said 2024 was “a decisive turning point” in Morocco’s industrial development. He emphasized the sector’s growing […]
Sound Energy has confirmed that it has made a significant gas discovery in Tendrara, North Eastern Morocco. Sound Energy, which is a member of London’s junior market, said in a statement that the discovery took place in the first Tendrara Well TE-6 drilled to a measured vertical depth of 2,665 meters. The gas discovery was […]
New Delhi’s ambassador in Cairo Ajit Gupte announced plans by the Asian country to invest $700 million in the coming few years, Arab News reports. Gupte made the announcement during a meeting with Egyptian and Indian businessmen. Indian investments in Egypt currently stand at $3.15 billion, the diplomat also noted. The announcement came as a […]
