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World’s longest subsea cable will connect Morocco to UK grid
UK-based Xlinks company is planning to build 10.5 GW of wind and solar complex in Morocco and sell the generated power in the UK through a 3,800 km submarine cable, the longest subsea power transmission link in the world. The ambitious project, to cost about £18 billion, has been unveiled by the company’s CEO, Simon […]
Algeria: Twelve years in prison, 8 million dinar fine for Ali Haddad
The Algiers Court of Appeals confirmed Tuesday, November 3, the guilt of the businessman Ali Haddad, tried on numerous charges, including abuse of office, conflict of interest, corruption in the conclusion of public contracts and squandering of public funds. The verdict is nevertheless more lenient than in the first instance. Ali Haddad, founder of ETRHB, […]
Morocco to make two bond sales in 2020 and 2021
Morocco will launch two international bonds in 2020 and 2021 to lift its foreign exchange reserves and help the economy offset the fall in foreign currency in flow due to the coronavirus impact, governor of Morocco’s central bank Abdellatif Jouahri said He said Morocco should tap into the bond market as long as conditions are […]



