Reports have been claiming that Dubai’s Majid Al Futtaim# (MAF) was in talks with Egypt’s Mansour Group# to buy its supermarket business in a deal valued at $200 million to $300m and it has led to Arabian Gulf firms present in Egypt to develop a zeal for expansion despite low valuations. It’s also signaling a […]
Morocco and the US inaugurated Monday the 2018 edition of their annual military games, African Lion, which will take place in the regions of Agadir, Tifnit, Tan-Tan, Tiznit, Ben Guérir and Kenitra. The military drills bring together military units and observers from 16 countries, namely Germany, Canada, Spain, France, Great Britain, Greece, Italy, Burkina Faso, […]
Sound Energy, the Moroccan focused upstream gas company,“revises up” the net pay estimate of sands found under the main TAGI play, which currently stands at 10.5 meters. Earlier January, Sound energy announced discovery at TE-10 of a potential reservoir at between 1,899 meters and 2,009 meters. Sound has nearly finished planning its TE-10 test program, […]
