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Cairo-based Hassan Allam Holding mulls plans to invest $150m in Morocco
Egypt’s leading engineering, construction and infrastructure company, Hassan Allam Holding, is considering investing up to $150 million in renewable energy and seawater desalination, in Morocco, the company’s CEO Amr Allam told Asharq Business in an interview. “If we entered a partnership in a renewable energy plant with a capacity between 50 and 100 megawatts (MWs), […]
Morocco’s rural world: Electrification rate, drinking water supply near 100%
The 7.1 billion dirham ($800 million) investments injected by the National Office for Electricity and Potable Water (ONEE) in 2020 made it possible to improve the electrification rate of the rural world to 99.78 % and the rate of drinking water supply to 97.8%. The investments enabled to ensure a normal and regular supply […]
Rabat Renews Commitment to Combat Terror Financing
Morocco has renewed its strong commitment to combat terrorism and its funding, as the scourge threatens peace and stability in the region and the world. Speaking at an international conference held Thursday in Paris under the theme:” No Money for Terror”, Moroccan Finance Minister Mohamed Boussaid said the fight against terror financing remains a priority […]


