Souad el-Kholy, Alexandria deputy Governor

Morocco: Five Performance Contracts to promote automotive ecosystems

Part of its continuous efforts to promote the automotive sector, Morocco signed last week five performance contracts that will support the deployment of four ecosystems in the automotive sector, namely automotive wiring, automotive seating & Vehicule interior; metal / stamping; and automotive batteries. The contracts, signed on the sidelines of the 4th edition of “Automotive […]

UNDP supports Libya achieve public finance reform, digitization project

The Minister of Finance for the Government of National Unity (GNU), Khalid Al-Mabrouk, met with Sophie Kemkhadze, the Resident Representative of the United Nations Development Program (UNDP) in Libya, to discuss strengthening collaboration on completing the public finance reform project and advancing financial digitization in Libya. Talks focused on enhancing cooperation in medium- and short-term […]

Sound Energy Confirms ‘Significant’ Gas in Third Well in Eastern Morocco

Sound Energy confirmed significant gas potential upon completing the drilling of its third gas well TE8 in the Tendrara license area in eastern Morocco, the company said. The well, drilled to a target depth of 3,120 meters, showed that the proven hydrocarbon system in Algeria spreads into Morocco, the company said in a statement. Sound […]