The recognition by Israel of Morocco’s sovereignty over the Sahara was applauded by Sahraoui leaders and elected officials as a major win for Morocco’s territorial integrity. Head of Guelmim’s regional council, Mbarka Bouaida welcomed, in a statement to MAP, the Israeli move as “historic.” She said this recognition would add support to Morocco at the […]
Morocco and Saudi Arabia have signed an agreement to encourage and protect mutual investments, aiming to safeguard investors’ rights and boost cross-border capital flows as the two nations strengthen economic cooperation. The deal was signed in Rabat by Moroccan Minister of Economy and Finance Nadia Fettah Alaoui and Saudi Investment Minister Khalid Al-Falih who is […]
Egypt plans to upgrade six oil refineries to increase local production of refined products, Petroleum Minister, Tarek El Molla, said during a conference in Cairo Sunday. The refineries refurbishment to be conducted over four years will cost about $9 billion, the official said, adding that Egypt is trying to secure crude oil supplies for Egyptian […]
