Summit of two Mediterranean shores

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 […]

Morocco nears end of quake reconstruction

Two years after the powerful earthquake that struck the High Atlas region, Morocco has built 92% of the demolished homes or 51,154, according to official figures. The pace of construction will accelerate in the coming months, with the number of tents or huts significantly reduced. The Kingdom has spent 6.9 billion dirhams in quake aid, […]

Libya: Bashagha government seizes rival administration’s office in Benghazi

Libya’s new government led by Fathi Bashagha has taken over the Benghazi office of the rival administration with the help of forces loyal to rebel commander Khalifa Haftar, Libya Observer reports. According to the media which cites Al-Hadath TV, owned by Haftar’s son, gunmen loyal to Haftar stormed Tuesday the premises of the Government of […]