mokhtar-al-mourabitoune

Egypt seeks to lure $10B FDI in FY 2022-2023

Egypt is looking to attract $10 billion-foreign direct investments for the fiscal year 2022-2023, Arab Finance reports citing a report by the Ministry of Planning and Economic Development on the goals of the budget bill. The report says the government is also pursuing the creation of around 900,000 jobs annually to keep the unemployment rate […]

Morocco offers attractive incentives for oil, gas exploration- Forbes

Morocco offers an attractive business climate and numerous incentives to investors in the oil and gas prospection, said Forbes. The US magazine described Morocco as a “North African economic powerhouse” that has a promising oil and gas industry. The article zooms on the efforts undertaken by the Hydrocarbons and mines office (ONHYM) in terms of […]

Josep Borrell reiterates Spain’s unwavering position on Sahara

Spain has renewed its support for the political process led exclusively by the United Nations to reach a settlement of the Sahara issue, in the framework of Security Council resolutions. This position has been reiterated by Spanish Foreign Minister, Josep Borrell, Thursday in Rabat, at a joint press conference with his Moroccan peer Nasser Bourita. […]