Casablanca finance city

Xlinks explores alternatives after UK declines long-term deal for Morocco power link

The UK government has declined to enter formal negotiations for a long-term green electricity purchase agreement with Xlinks, the company behind a proposed £20 billion subsea power cable linking Morocco to the UK. The decision, confirmed earlier this month, effectively rules out a 25-year Contract for Difference (CfD) that Xlinks had sought to secure financing […]

A Moroccan wanted for alleged connection to terror group arrested in Spain

Spanish police announced Wednesday the arrest of a 30-year old Moroccan national in Coloma de Gramenet, near Barcelona. The suspect was under an international arrest warrant issued by Moroccan authorities last September, Moroccan news agency MAP reported, quoting a statement of the Spanish police. The man is suspected of being involved in a “terrorist organization” […]

Sahara: Guterres Announces Increase of MINURSO’s Budget

The UN Secretary-General has announced in a recent report that the budget of the UN mission in the Sahara, MINURSO, will be increased by 7.6 percent to improve ground and air surveillance operations conducted by the mission. The UN Secretary-General António Guterres who also called on MINURSO observers to be more vigilant, has closed the […]