Xlinks First Limited, the investment company established by Xlinks Limited, announced on Tuesday, April 30, that American energy equipment manufacturing giant GE Vernova has invested $10.2 million in Xlinks' Morocco-UK power link project as a minority shareholder. In a press release sent to Yabiladi on Tuesday, Xlinks said the step is to further accelerate the delivery and construction of the project, which consists of building four 3,800-kilometer high-voltage direct current (HVDC) cables.
European digital services company Inetum signed a memorandum of understanding with Morocco on Monday in Rabat to expand the group's activities in the kingdom, creating 1,500 jobs by 2027. Signed by Jacques Pommeraud, Chairman and CEO of Inetum Group, Minister Delegate for Investment Mohcine Jazouli, Convergence and Evaluation of Public Policies), and Minister Delegate for the Digital Transition and Administration Reform Ghita Mezzour, this agreement will cover a provisional investment of over
The 16th edition of the International Agricultural Forum in Morocco (SIAM) has confirmed that the prices of cattle for Eid al-Adha will increase this year by about 1,000 dirhams compared to last year, citing high fodder prices and drought.
Sent in 1876 by Sultan Hassan I to Europe, Ambassador Mohamed Zebdi met during his trip the French president, Queen Victoria, and the King of Italy.
Prime Minister Aziz Akhannouch announced, Monday, a general salary increase of 1,000 Dhs net for civil servants in the public sector. Additionally, the guaranteed minimum wage (SMIG) in the private sector will rise by 10%. These measures follow social dialogue agreements that include consultations with the most representative trade unions and the General Confederation of Moroccan Enterprises (CGEM) to improve incomes across government departments, local authorities, public establishments, and
A cousin of Adratiklit, the «mountain's lizard», the Thyreosaurus atlasicus is a plant-eating dinosaur that lived around 168 million years ago in Morocco and had special armor plates on its back.
A drug trafficker wanted by Belgian authorities was arrested last week in Tarifa, southern Spain, as soon as he arrived by boat from Tangier. Border checks revealed that Hassan B. had been tried in absentia and sentenced to eight years' imprisonment in 2023 by a Belgian appeals court. According to Belgian newspaper GVA, Belgian justice had ordered his immediate arrest as part of a major drug case. The 36-year-old is considered a leading figure in a criminal group accused of attempting to
SDX Energy Inc., a MENA-focused exploration and production company, announced receiving the necessary government approvals to begin gas production. In a statement, the company said, Monday, that «production of gas has commenced» at the KSR-21 well, located in Morocco's Gharb region near Kenitra. This follows SDX's earlier announcement in January regarding the successful drilling and testing of the KSR-21 well in Q4 2023. At that time, SDX reported that the well «has now been
The Algerian army has reportedly killed three Saharawi gold miners from the Tindouf camps, the Forum de Soutien aux Autonomistes de Tindouf (FORSATIN) reports. According to FORSATIN, a military patrol spotted the gold miners' vehicle near the «Dakhla camp» located on Algerian territory. A chase ensued, then shots were fired. One of the victims was killed on the spot, while the other two succumbed to their wounds. FORSATIN provided the tribal affiliation of the three gold miners,
Algeria will withdraw from the African Artistic Gymnastics Championship scheduled from April 30 to May 7 in Marrakech. The decision was announced by the president of the Algerian Gymnastics Federation in a message to his Moroccan counterpart. «We regret to inform you that our teams will not be participating in the upcoming African Artistic Gymnastics Championship scheduled in Marrakech from April 30 to May 7, 2024», the message stated. The president explained that «the
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