How Al-Amoudi broke Morocco’s only refinery

The Ethio-Saudian tycoon bought Samir cheap in 1997, then let it die. A decade after the plant fell silent, a kingdom that imports 90% of its fuel is still paying for a broken promise.

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Sep 21, 2026 - 08:55
How Al-Amoudi broke Morocco’s only refinery
The Ethio-Saudian tycoon bought Samir cheap in 1997, then let it die. A decade after the plant fell silent, a kingdom that imports 90% of its fuel is still paying for a broken promise.
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