The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]
Greece has reiterated its support for Morocco’s autonomy initiative for the Sahara, describing it as a “serious and credible contribution to the ongoing UN-led process.” The initiative “could constitute the most realistic solution” to the regional dispute, it said. Greek Foreign Minister Giorgos Gerapetritis made the remarks to the press following talks in Athens with […]
Moroccan and French businessmen ended a summit, on the sidelines of a visit by the French President to Rabat, with the signing of twenty agreements covering key areas of desalination, finance, banking, water management, and education. Speaking at the closing of the event, President Macron urged the business community in both countries to work together […]
