phosphates

Morocco’s King launches $2 bln rail projects to boost Casablanca mobility

Morocco’s King Mohammed VI launched a series of major rail infrastructure projects in Casablanca, part of a broader national mobility plan valued at 96 billion dirhams ($9.3 billion). The new initiatives, worth 20 billion dirhams, aim to improve urban and regional connectivity across the Casablanca metropolitan area and support Morocco’s long-term sustainable development goals. The […]

Kuwait: No Plan to Back Turkish Lira with $1.6bn

Kuwait Monday dismissed reports that it has planned to inject $1.6 billion into the Turkish plummeting Lira which lost 40 per cent of its value against the US dollar amid the ongoing diplomatic crisis between Ankara and Washington. Kuwaiti Finance Minister Nayef Al-Hajraf discussed with his Turkish counterpart Berat Albayrak Turkey’s economic situation on Sunday […]

OCP Group Complets Acquisition of 20% of Spanish Fertinagro Biotech

Moroccan OCP Group, the world’s largest exporter of phosphates and a leading global phosphate plant nutrition player, and Fertinagro Biotech S.L., a Spanish company which manufactures and supplies a wide range of plant nutrition solutions, have completed the acquisition by OCP, through one of its subsidiaries, of 20% of Fertinagro’s shares by way of a […]