CGEM_eurocham_businesseurope

Morocco picks Mitsubishi advanced turbines for Al Wahda power plant

Morocco’s National Office of Electricity & Drinking Water (ONEE), has selected Mitsubishi Power and its M701JAC gas turbines for the Al Wahda open-cycle gas turbine (OCGT) power plant. The 990 MW Al Wahda project consists of two 495 MW open-cycle gas turbines (OCGT) using gas – and diesel as an emergency fuel – with the […]

Tunisia raises 700 million euros on Eurobond market to fund 2019 fiscal budget deficit

Tunisia Wednesday said it succeeded in raising 700 million euros on the financial bond market with an interest rate of 6.37 per cent as it sought to borrow money to cover its 2019 fiscal budget deficit. The ministry of finance in a statement said the North African country will reimburse the bond over seven years. […]

Morocco recovers 25,500 rare archaeological pieces seized in France in 2005 – 2006

Nearly 25,500 rare archaeological pieces relating mainly to the prehistorical and paleontology era, which were seized by French Customs in 2005 and 2006, were returned to Morocco on Thursday. A ceremony took place Thursday at the Museum of Civilizations of Europe and the Mediterranean (MuCEM) in Marseille during which the pieces were handed over to […]