Wednesday 1 April 2015
 
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Morocco

Houthi rebels advance despite Saudi-led air strikes

Yemen's Houthi rebels made broad gains in the country's south and east on Friday despite a second day of Saudi-led air strikes meant to check the Iranian-backed militia's efforts to overthrow President Abd-Rabbu Mansour Hadi.

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Morocco to scout for investments at AIM

Morocco aims to attract multi-billion dollar investments through its participation at the Annual Investment Meeting (AIM) Congress in Dubai, UAE. A large delegation from the Moroccan public and private sector organisations will be

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Abengoa starts work on Morocco desalination plant

Abengoa, an international company that applies innovative technology solutions for sustainability in the energy and environment sectors, said it has begun construction of a desalination plant in Agadir, Morocco. The announcement c

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Mazagan Beach Resort sponsors MICE Arabia Congress

Mazagan Beach and Golf Resort, a leading luxury resort in North Africa, was among the sponsors of ‘The MICE Arabia Congress 2015’ that was held on February 22 and 23 in Dubai, UAE. The Moroccan resort, considered to be an id

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Gulfsands makes third gas discovery in Morocco

Gulfsands Petroleum has found gas at its DOB-1 well in Morocco in the Sebou onshore permit, the Office of Hydrocarbons and Mining said in a statement. The well was drilled at 1,127 m depth and flowed at 175,500 cu m per day during

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Morocco plans sharia board for Islamic finance

Morocco has issued a royal decree to create a sharia board of Islamic scholars to oversee the country's fledgling Islamic finance industry. Called the Sharia Committee for Participative Finances, it will be composed of 10 Isla

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Cipla to set up pharmaceutical plant in Morocco

Cipla, an Indian multinational pharmaceutical company, will set up a new plant in Morocco following the signing of a joint venture with two local companies. Societe Marocaine De Cooperation Pharmaceutique (Cooper Pharma) and The P

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Cipla to set up pharmaceutical plant in Morocco

Cipla, an Indian multinational pharmaceutical company, will set up a new plant in Morocco following the signing of a joint venture with two local companies. Societe Marocaine De Cooperation Pharmaceutique (Cooper Pharma) and The P

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Tasweek unveils $55m mixed-use project in Morocco

Tasweek, a provider of comprehensive real estate development solutions for the region, has announced the launch of its new $55-million mixed-use development in Morocco. It is the second project for the company in the North African

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Moroccan bank plans big Islamic finance push

Morocco's Attijariwafa Bank plans to build its own Islamic finance business rather than tying up with a foreign partner, it said yesterday, as the north African country opens up to Sharia-compliant banking. Morocco's parli

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