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AngloGold Ashtanti acquisition of $2.5B Centamin Company

AngloGold Ashanti has reached an agreement to acquire Centamin Company in a transaction valued at around $2.5 billion. This acquisition will grant AngloGold control over the Sukari mine in Egypt, a renowned gold mine globally. Upon finalization, AngloGold shareholders are set to possess approximately 83.6% of the company, while Centamin investors will retain about 16.4% […]

Morocco, KSA ink MoU on renewable energies; agreement on peaceful uses of atomic energy

Morocco and Saudi Arabia signed, on Monday in Riyadh, a Memorandum of Understanding (MoU) on renewable energies and a Cooperation Framework Agreement on the peaceful uses of atomic energy. Cooperation between the two countries in the field of renewable energies and peaceful uses of atomic energy aims to meet their needs in terms of developing […]

Siemens Produces its first Wind Turbine Blade in Tangier

The first wind turbine blade made in Morocco saw the light of the day in the Siemens factory in Tangier and has been transported to Tangier Med port to be sent to its final destination. This 63-meter energy production tool weights 17 tons. Its size required close cooperation between the factory, local authorities and the […]