European Commissioners Johansson and Várhelyi Tuesday in Morocco

Qatar Petroleum Acquires 30% Interests from Chevron Morocco

Qatar Petroleum has taken 30% participating interest from the share of Chevron Morocco Exploration Ltd in three deep-water offshore leases located 200 km to the North West of Agadir’s coast. This acquisition came following a deal signed last February and approved by the Moroccan government, said Telquel magazine. Under the agreement, Qatar Petroleum will acquire […]

UK Biwater to build another wastewater treatment facility in Morocco

UK company Biwater has been picked up by Moroccan authorities to design and construct a new wastewater treatment facility for Moulay Bousselham, a fishing village and tourist destination positioned on the north coast of Morocco’s extensive coastline. The new wastewater facility will provide pre-treatment, biological treatment and advanced tertiary treatment, including closed low pressure ultraviolet […]

Morocco expects $10 Bln in remittances & $8.4 Bln in travel earnings in 2022

Remittances by Moroccan expatriates are expected to increase by 12.9 pc to $10 billion in 2022 before dropping by 4pc to $9.6 billion in 2023 due to the deterioration of economic conditions in the host countries, according to the forecasts of Morocco’ Central bank. As for travel receipts, they are projected to end the year […]