As part of overhauling Morocco’s public enterprises and improving their finances, rail operator ONCF will give up its shares in epic Mamounia hotel to phosphates fertilizers producer OCF in a new alliance that also includes Hassan II fund for economic development. Under this deal, the jewels of Morocco’s hotel industry will remain Moroccan. Besides Mamounia, […]
Morocco’s King Mohammed VI has appointed Zouhair Chourfi to undertake the expansion of Moroccan electricity regulator ANRE to incorporate all fields of energy. The goal is to transform ANRE into a national energy regulator that will cover natural gas, renewable energy, and hydrogen. The new institution will be designed to serve as an independent regulator […]
The development projects carried out in the Moroccan Sahara are conform to international law and respond to an economic logic that ultimately benefits the local population, said Congolese University Professor Dr Firmin C.Kinzounza, underlining Morocco’s undeniable role in the Sahara as the “first investor, first employer, and first contributor to the region GDP”. The International […]
