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Keywords: Divestment
Sound Energy has completed the partial divestment of its Moroccan gas assets to Managem Group, a transaction valued at up to $45.2 million. This move is in line with Sound Energy’s strategy to unlock greater value from its energy projects in Morocco. Graham Lyon, Executive Chairman of Sound Energy,......
London, UK – Amid the vibrant atmosphere of Holborn, a bustling neighborhood in central London, a unique beverage is making waves. Cola Gaza, a cherry-red soda adorned with the Palestinian flag’s colors and keffiyeh-inspired artwork, is more than just a drink—it’s a symbol......
In a landmark transaction, the Moroccan government has sold its shares in the legendary Mamounia Hotel to the state-owned OCP Group for a sum of 1.7 billion dirhams ($173 million). This move signals a significant shift in ownership for Morocco's oldest and most illustrious hotel, celebrated globally......
London-based Energean PLC divests Egyptian, Italian, and Croatian portfolios in a $945 million deal, aiming to sharpen its focus on Moroccan assets. In a strategic move poised to reshape its global footprint, Energean PLC, headquartered in London, has announced the sale of its portfolios in Egypt, Italy,......
In a strategic move aimed at streamlining operations and intensifying its focus on Moroccan assets, SDX Energy, a London-listed energy company, has signed a binding agreement to divest its West Gharib interests in Egypt for $6.6 million. This transaction marks a pivotal moment in the company's pursuit......