studiocb55

studiocb55

Moroccan Court Rejects $3.5 Billion UAE Offer to Acquire Samir Refinery

Africa

Moroccan Court Rejects $3.5 Billion UAE Offer to Acquire Samir Refinery

The Commercial Court of Casablanca has rejected a $3.5 billion (MAD 36.3 billion) offer from a United Arab Emirates–based investor to acquire the assets of the country’s only oil refinery, halting what had been described as the most significant attempt…