Morocco sold its first euro- denominated bonds in four years after yields fell to all-time lows and stimulus measures in Europe help boost demand for riskier assets.
Norway’s $890 billion wealth fund, the world’s largest, will expand the scope of its investments to target more “frontier markets” and add more currencies to generate higher returns.
An oil tanker hauling crude from Iraq’s semi-autonomous Kurdish region left Morocco’s territorial waters without unloading, days after the same ship u-turned in the Atlantic Ocean amid a legal challenge relating to its cargo.
Abengoa SA, the Spanish renewable- energy developer, plans to build an 82 million euro ($112 million) desalination plant in Morocco.
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