Moroccan Higher Judicial Council

Chariot Oil Company gets new exploration license in Northern Morocco

The UK Chariot Oil & Gas company has secured a new offshore exploration license in Northern Morocco. The formal award of the “Rissana” license is expected in 2021, says the oil company. Under terms of the agreement reached, 75pc interest and operatorship of the Rissana licence will be awarded to a wholly owned subsidiary of […]

BCP Bank, AfDB Join Efforts in $100 mln Deal to Enhance African Trade

Morocco’s BCP Bank and the African Development Bank teamed up in a $100 million agreement to boost trade between African countries. The deal (risk participation agreement) provides for cooperation to promote trade between African states by meeting the growing demand on financing transactions in the continent, the Moroccan bank said in a statement. The BCP […]

Son of Algerian Communication Minister arrested for alleged drug trafficking

Algerian anti-drug security forces have detained the son of government spokesman and communication minister Amar Belhimer, for alleged possession of drugs, Algerie Part reports.   The media, citing security sources who asked not to be named, has not mentioned the name of the son but said that he was arrested two days ago at Oued […]