oil & gas exploration

Egypt : Economy and Security Are Still at Crossroads

“The reserves will continue going up.” These are the words of the Governor Hisham Ramez to assure investors and restore confidence in Egypt’s economy. The country’s reserve has fallen by more than 50% since the departure of President Hosni Mubarak. Gulf States have pumped in billions to salvage the economy after the ousting of President […]

Visegrád Group: 1st “V4 + Morocco” Ministerial Meeting opens up new opportunities

The first “V4 + Morocco” ministerial meeting of the Visegrád Group was held Tuesday in Budapest to discuss ways of fostering cooperation ties between Morocco and this intergovernmental organization gathering Hungary, Poland, Czechia and Slovakia. Foreign Minister Nasser Bourita is leading a Moroccan delegation to this meeting which aims to develop further relations between participating […]

King Mohammed VI Follows up Automotive Industry Evolution in the Country

King Mohammed VI who is following up with keen interest the evolution of the booming automotive industry in Morocco was briefed Thursday on the extension project of the Moroccan Society of Automotive Construction (SOMACA), which is planning to double its production capacity by 2022. The plan was unveiled by Minister of Industry, Investment, Trade and […]