Closure of Morocco’s Samir Refinery Propels BP to Pay $68 Million to Abu Dhabi Bank

The London High Court ruled that the British Energy company, BP, pays $68.9 million to the National Bank of Abu Dhabi (NBAD) in a case originating from the sudden closure of Morocco’s Samir refinery in 2015. BP “sold a cargo of crude to Samir in August 2014 which was not paid for and NBAD took […]

RAM launches direct Casablanca-Dubai air route

The Moroccan carrier Royal Air Maroc (RAM) announced on Wednesday the launch as of March 28, 2021, of a new direct air route linking Casablanca to Dubai, with three flights per week. “Flights from Casablanca will be operated every Tuesday, Thursday and Sunday, with a flight time of seven and a half hours. Take-off will […]

Washington okays sale of guided bombs & advanced air-to-air missiles to Morocco

U.S. State Department has approved new weapons sales to Morocco worth over $174 million, showing U.S. strong support to a major ally and strategic partner, described as an important force for political stability and economic progress in North Africa. The announcement was made Friday by U.S. Defense Security Cooperation Agency in a press release. The […]