automotive industry

Libya resumes oil production activities

After months of deadlock, oil production activities have resumed in Libya, the National Oil Company announced on Friday. Oil production and exports had been at a standstill for six months in Libya because of the conflict that has been tearing the country apart. Vital for the economy, both activities are resuming with a first ship […]

ICSID rejects most Corral Holding’s claims in Samir refinery case

the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank rejected most of the claims of Corral Morocco Holding, owned by Saudi billionaire Al Amoudi in a case filed against the Moroccan government over the shut-down of Samir refinery. The arbitration institution ordered Morocco to pay just 6% of the total 2.7 […]

Pope Francis expresses deep consideration to Morocco’s King

Pope Francis expressed the deep consideration he harbors for King Mohammed VI, and hailed the distinguished relations between the Kingdom and the Holy See. On the occasion of the traditional exchange of New Year’s greetings, organized by the Pope in honor of the diplomatic corps, and during the presentation of the greetings of the Moroccan […]