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Texas-based Apache Corporation contemplates investing $1.4 billion in Egypt in 2024

Texas-based Apache Corporation will inject additional $1.4 billion into the Egyptian oil sector, the company’s CEO John Christman told Egyptian Prime Minister Mustafa Madbouly on Sunday August 20. Apache Corporation is the USA’s largest investor in the North African country oil sector. The company according to Egyptian authorities, is poised to pump more investments and […]

Mohammed VI- B Satellite Successfully Put into Orbit

Morocco’s second high-resolution Earth-observation satellite was successfully launched Wednesday November 21 by Arianespace from the Guiana Space Center, in French Guiana (South America). The Mohammed VI – B Satellite was successfully placed in sun-synchronous orbit by lightweight launcher Vega, after taking off Tuesday from the Guiana Space Center (CSG) Kourou at 01H42 GMT, said Arianespace. […]

Congress Approves US Aid to Cover all Moroccan Territory

The US Congress has approved the 2018 Appropriations Bill which- like its 2017 predecessor- allows Morocco to use US aid everywhere in the country, including in the Sahara. In doing so, US lawmakers renew their strong bipartisan support for a negotiated solution to the Sahara dispute, based on autonomy plan under Moroccan sovereignty, and encourage […]