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

Casablanca – 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 in years to revive domestic fuel refining. The ruling, issued today, concerns the […] The post Moroccan Court Rejects $3.5 Billion UAE Offer to Acquire Samir Refinery appeared first on Morocco World News.

By Oumaima Moho Amer