Morocco: Moulay Youssef, cousin of Mohammed VI, sponsors Russian refinery project in Nador
In partnership with Rahal Boulgoute, president of the real estate company Marita Group, Moulay Youssef El Alaoui signed a €2bn memorandum for a refining complex in Nador.
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▪ Morocco: Moulay Youssef, cousin of Mohammed VI, sponsors Russian refinery project in Nador
▪ In partnership with Rahal Boulgoute, president of the real estate company Marita Group, Moulay Youssef El Alaoui signed a €2bn memorandum for a refining complex in Nador.
▪ https://www.africabusinessplus.com/en/799416/maroc-moulay-youssef-cousin-de-mohammed-vi-en-parrain-du-projet-de-raffinerie-russe-a-nador/
Talk about news that could shake up the tight circle of energy influencers in Morocco. Moulay Youssef El Alaoui, a first cousin of King Mohammed VI, along with his MYA Energy business partner Rahal Boulgoute, recently signed a memorandum of intent with the Russian authorities for an oil refinery in Morocco.
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