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  • Morocco's Platinum Power partners with China's CFHEC on $300 mln hydropower project

    Content Types: ArticleRegions & Countries: ChinaMoroccoIndustries: Clean EnergyPower/Utilities...
    RABAT (Reuters) - Renewable energy investor Platinum Power, minority-owned by U.S. private equity firm Brookstone Partners, has teamed up with China’s CFHEC to build a $300 million hydropower plant in central Morocco, it said on Wednesday.
  • Global Rail Giant Alstom to Reinforce its Moroccan Operations

    Content Types: ArticleRegions & Countries: MoroccoIndustries: Logistics & Transportation
    Rabat – Alstom SA, a French company with global operations in rail and tram transport systems, intends to reinforce its presence in Morocco, growing its cabling factory in Fez. This is part of the company’s global strategic plan to consolidate existing operations.
  • Morocco’s Managem expands stake to 85% in a gold project in Guinea Conakry

    Content Types: ArticleRegions & Countries: MoroccoIndustries: Minerals & Resources
    Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million.
  • World Bank complements Morocco's early education efforts with $500 million loan

    Content Types: ArticleRegions & Countries: MoroccoIndustries: Banking & FinanceEducation
    In Morocco, gross enrollment for pre-primary education has hovered around the fiftieth percentile for the past ten years, despite multiple attempts by the government to encourage early literacy.
  • Europa Oil & Gas Announces Imminent Exploration Permit for Morocco

    Content Types: ArticleRegions & Countries: MoroccoIndustries: Oil & Gas
    Rabat – In a letter addressed to its shareholders on July 1, the exploration company stated it has completed negotiations with the Moroccan National Office of Hydrocarbons and Mines (ONHYM) and has prepared the relevant contracts for the permit.
  • Morocco wins Best Stand Design at Arabian Travel Market 2019

    Content Types: ArticleRegions & Countries: United Arab EmiratesMoroccoIndustries: Tourism
    It’s hard to stand out from the crowd when you’re one of 2,800 exhibitors – but the Moroccan National Provincial Tourist Office has been adjudged the Best Stand Design for its authentic representation of a typical Moroccan house at Arabian Travel Market 2019.
  • Sino-UAE: Deepening ties from e-commerce to food

    Content Types: NewsletterRegions & Countries: United Arab EmiratesChina...Industries: Oil & GasBanking & Finance...
    The UAE is China's most important non-oil trade partner among GCC countries, handling 60% of Chinese exports to other GCC countries, Iran, Africa and Europe
  • China-Kuwait: Adding threads to the Silk Road

    Content Types: NewsletterRegions & Countries: ChinaKuwait...Industries: Oil & GasBanking & Finance...
    Kuwait-China trade stood at USD 12B in 2017, up 80% from 2008. China is Kuwait’s largest source of imports and the latter is China’s fourth largest Arab world crude oil supplier.
  • Turning one, Morocco’s Islamic banking industry faces high level of distrust

    Content Types: ArticleRegions & Countries: MoroccoIndustries: Banking & Finance
    Celebrating its first anniversary, Morocco’s Islamic banking industry is facing a colossal challenge as only a minority of the population truly believe that financing products offered by Islamic banks and windows are Shariah compliant while the majority are in the dark or in disbelief, a study has found.
  • Morocco drafts Islamic crowdfunding regulations

    Content Types: ArticleRegions & Countries: MoroccoIndustries: Banking & Finance
    In a drive to engage Morocco’s young people economically and support MSMEs, Saadeddine Othmani’s government is building a regulatory infrastructure for Islamic and conventional crowdfunding activities, setting a precedent in the African region, which despite seeing a spur in alternative online financing modes, has yet to formally regulate the asset class.

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