Indian Samta energy group announced on Tuesday that it plans to invest more than $100 million in Morocco over the coming five years. “We are committed to investing more than $100 million over the next five years in the development of mining and mineral processing activities in Morocco,” said the Indian group in a statement. […]
The Spanish-Moroccan business forum opened Tuesday in Casablanca to discuss joint investment opportunities and partnership projects in the car industry, transports, renewable energy, water, agricultural technologies, agri-food industry, education and tourism. The two-day event, bringing together some 300 representatives of public administration and the private sector from both countries, aims to facilitate contacts between Moroccan […]
UN-backed Government of National Accord (GNA) has suspended oil exploration and production licenses for around 40 foreign companies including French multinational Total. The decision confirmed by economy minister Ali Abdulaziz Issawi said the companies’ licenses expired. Total, aerospace company Thales and the telecoms company Alcatel are among firms to be affected by the move, which […]
