
Sound Energy Begins Construction on Moroccan Gas Facility in Tendrara
Sound Energy PLC announced on Wednesday that work on the first phase of the Tendrara onshore gas treatment and liquefaction facility will begin in the coming days.

Sound Energy PLC announced on Wednesday that work on the first phase of the Tendrara onshore gas treatment and liquefaction facility will begin in the coming days.

The European Union through the European Investment Bank (EIB) has announced its participation in a program to build 150 community schools and their infrastructure in rural areas in Morocco.

Morocco is among the six best international markets for real estate investment in 2022. This is the result of the ranking of a specialized platform.

After the latest waves that ravaged the Salé corniche, the government has decided to erect a rocky barrier along the coastal strip, to strengthen and protect the Sidi Moussa coastline.

Bank Al-Maghrib (BAM) and CDG Invest, the Investment Branch of the Caisse de Dépôt et de Gestion (CDG) Group, have signed a partnership agreement to promote the development of fintechs in Morocco.

As of February 15th, port passage will become fully digitalized and mandatory at the Tanger Med port.

The National Office of Electricity and Drinking Water (ONEE) will soon be equipped with an automated inspection platform for electricity transmission lines, based on the use of drones and image processing.

The President of the European Commission, Ursula von der Leyen, announced on Wednesday that the European Union will invest €1.6 billion to support Morocco’s efforts in its energy and digital transformation.

Morocco will soon welcome its first industrial unit dedicated to the manufacture of electric battery components. It will be built by the Moroccan Battery Industry (MARIBAT) in Casablanca.

While Europe is bogged down in a geostrategic crisis related to gas exports with the United States and Russia, and Algeria has cut its deliveries, Morocco could benefit from its gas pipeline project with Nigeria to reduce its energy deficit and dependence.

Accused of fraud against a Kuwaiti investor, a municipal councilor (FFD), from the Sidi Youssef ben Ali district in Marrakech , was arrested and then placed in pre-trial detention in the Oudaya prison.

The activity of Tanger Med Zone is gaining momentum again. Three new companies from the automotive sector have just announced their installation.