Laayoune

Libya’s NOC declares force majeure at Zawiya refinery after it caught fire

Libya’s state-owned National Oil Corporation (NOC) declared force majeure at its 120,000 b/d Zawiya refinery on Sunday following clashes between armed groups near the facility. NOC said a number of storage tanks were hit, causing fires. These were subsequently brought under control, it added. Zawiya is Libya’s largest operational refinery, with most of its production […]

Morocco-US: MCC funds development of three new industrial parks

The Millennium Challenge Corporation (MCC) will fund the development of three new industrial parks in Had Soualem, Bouznika and Sahel Lakhyayta, reports L’Economiste daily. The MCA-Morocco Agency has already launched tenders for the planning, development and management of these three parks, to extend over 140 hectares. The parks are aimed to attract investment and create […]

Rabat & Cairo stand united against Algerian regime’s divisive policy & malicious attempts

Morocco and Egypt have confirmed the strength of their relationship, dealing a hard blow to the ruling junta in Algiers which has tried to no avail to sow trouble in the Moroccan-Egyptian relations following the signing of military cooperation agreement between Rabat and Addis Ababa. The meeting held Tuesday in Cairo between Moroccan Foreign minister […]