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In a token of friendship, Outgoing French President Hosts Luncheon in Honor of Morocco’s King

Less than a week before he hands over the keys of the Elysée Palace, French President François Hollande hosted Tuesday a luncheon in honor of King Mohammed VI of Morocco. The luncheon at this particular juncture is deemed a powerful token of the long-standing friendship and the multifaceted ties binding the two countries. The luncheon […]

Hassan II Fund for Economic & Social Development offers $210 million to promote entrepreneurship

Hassan II Fund for Economic and Social Development has offered $210 million (2 billion Dirhams) as a contribution to the integrated program to support funding of enterprises. A ceremony was chaired in this regards by King Mohammed VI in a series of measures taken recently to promote the creation of small and medium sized enterprises […]

SDX Makes Another Gas Discovery in Morocco

UK-based SDX Energy announced a new gas discovery in its ONZ-7 development well in the Sebou permit, north-western Morocco near the Atlantic city of Kenitra. Drilled to a total depth of 1,167 meters, the ONZ-7 well encountered five meters of net conventional natural gas pay in the Hoot formation, the company said in a statement. […]