noor_midelt

Closure of Morocco’s Samir Refinery Propels BP to Pay $68 Million to Abu Dhabi Bank

The London High Court ruled that the British Energy company, BP, pays $68.9 million to the National Bank of Abu Dhabi (NBAD) in a case originating from the sudden closure of Morocco’s Samir refinery in 2015. BP “sold a cargo of crude to Samir in August 2014 which was not paid for and NBAD took […]

PSA Group: Kenitra Plant to Double Production Capacity as Early as 2020

The Kenitra Peugeot plant will double its production capacity by 2020, said a PSA Group management source during a site visit organized by the Ministry of Industry. The PSA Automotive Group intends to double its production capacity at its Kenitra plant. This decision follows the first results achieved so far, the source said, describing these […]

Egypt: Al-Sisi reluctant to present complete manifesto, cites national security

Al-Sisi is defiant to publish his entire program because he believes some of it could jeopardize national security. There have been demands for him to present his plans to Egyptians just like his presidential opponent but the Former Field Marshall remains adamant and continues to dominate the race for Egypt’s presidency. Polls will be opened […]