Algerian President Tebboune

Automotive Industry: Japanese Sumitomo strengthens its presence in Morocco; targets 16,000 new jobs by 2028

The Japanese Sumitomo corporation intends to expand its operations in Morocco with the launch of nine new industrial units for the manufacturing of wiring and components in different regions of the Kingdom for a total investment of 1.96 billion dirhams. The framework agreement between Morocco and Sumitomo corporation for the development of these industrial projects […]

French medical giant Sebia opens first office in GCC

Sebia, a French world leading medical firm, opened in Dubai its first office in the Gulf Cooperation Council (GCC), Arabia Business reports. Sebia said it has established its distribution and marketing office in Dubai to support distributors in the Middle East, Turkey and Pakistan. Dubai Science Park (DSP) is the choice for the world’s leading […]

British Gas Company Gets 25 % Stake in Morocco’s Sidi Moktar project

British Sound Energy has bought 25 pc stake in the Sidi Moktar project, which comprises three onshore gas permits in Morocco. The UK independent company has inked the £3.57 million deal with Maghreb Petroleum Exploration after initially agreeing the deal last October. The Sidi Moktar licences cover 2,700 square kilometres in the Essaouira basin, central […]