State Price

Oil-drilling vessel capsizes in Gulf of Suez, leaving four dead and four missing

At least four crew members have been confirmed dead and four others remain missing after an oil-drilling ship capsized on Tuesday evening off the coast of Ras Ghareb in Egypt’s Gulf of Suez. The vessel, which had 30 workers aboard, overturned near Gabel el-Zeit, a key oil production hub roughly 300 kilometres south of the […]

Renault expands Morocco tech presence with Tétouan shore engineering hub

Renault Technology Morocco (RTMA) is establishing a new engineering center at Tétouan Shore, strengthening the French automaker’s technological footprint in Morocco as the kingdom emerges as a critical link in Renault’s global value chain. The research and development center will spearhead vehicle renewal and development projects for Renault Group while supporting Moroccan manufacturing operations. The […]

Maroc-Telecom Finalizes Purchase of Etisalat’s six Branches in Africa

Maroc-Telecom, the incumbent telecommunications operator in Morocco, announced it has finalized the purchase of the branches it acquired from the United Arab Emirates telecom group Etisalat in Côte d’Ivoire, Togo, Gabon, Benin, Central African Republic and Niger. The deal between the two operators worth over $ 536 million was struck last spring when Etisalat became […]