Al Shabab

Renewable Energies Attract Foreign Investors to Sahara

The abundance of sun and wind is increasingly attracting foreign firms to invest in Morocco’s south, the Sahara, as the government set the target of generating 50% of its energy mix out of renewable sources. The recent announcement by Soluna, a New York-based computing company backed by Brookstone Partners, to build a wind-powered center in […]

Fight against Terrorism: Saudi Arabia hosts Islamic Military Coalition, Morocco represented by Abdellatif Loudiyi

The proceedings of the 2nd meeting of the Council of Ministers of Defense of the Islamic Military Coalition for the Fight against Terrorism were held on Saturday in Riyadh, with the participation of the coalition’s member states, including Morocco. Morocco was represented at this meeting, held under the theme “Combating Terrorism: A Shared Responsibility”, by […]

France’s Société Generale to sell its business in Morocco – media reports

France’s Société General plans to sell majority stakes in its Morocco banking activity to Saham, Moroccan media reported. Saham, owned by former industry minister Moulay Hafid Alamy, had reached a deal to buy 57% stake in the French subsidiary bank, Le360 said in an exclusive. The transaction to buy the fourth largest universal bank in […]