corona maroc

Algeria: After denying any desire to withdraw, TotalEnergies slips away secretly from Arzew project

TotalEnergies has abandoned the polypropylene plant project at Arzew, located on the Algerian coast, near Oran. However, no official announcement has been made by the French group. It was until May 18 that the British oil services company Petrofac revealed that STEP Polymers SPA (a 100% subsidiary of the Algerian state company Sonatrach) had awarded […]

Morocco successfully sells 1 billion euro in dual-tranche bond

Morocco has completed a successful sale of a 1 billion euro two tranche bond with 5.5 year and 10 year maturity at a rate of 1.375% and 2% respectively, in a deal that reflects the trust enjoyed by the country among international financial institutions despite the difficult context of the pandemic. Demand on the bond […]

Sahara: Russia Joins its Voice to Morocco’s

Russia has joined its voice to Morocco’s to express opposition to any violation of the parameters set by the United Nations Security Council with regard to the settlement of the Sahara issue and to any attempt to change the pace of the political process. This came in the Statement on the Extended Strategic Partnership adopted […]