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Morocco shows support for Egypt in conflict with Ethiopia over Nile Dam

Although Moroccan King Mohammed VI's visit to Egypt had been postponed more than five times without clear reasons, a silent alliance between Egypt and Morocco may have been formed.
RABAT, MOROCCO - FEBRUARY 13: King Mohammed VI of Morocco  attends the signing of bilateral agreements at the Agdal Royal Palace on February 13, 2019 in Rabat, Morocco. The Spanish Royals are on a two day visit to Morocco. (Photo by Carlos Alvarez/Getty Images)

CAIRO — While the Nile River comes nowhere close to Morocco, the country still may be playing a role in the crisis over the Grand Ethiopian Renaissance Dam because of Rabat's legal and financial tangle with an Ethiopian-born man who has been one of the most prominent investors in the project.

In 2015, Morocco began seizing the assets of Saudi-Ethiopian billionaire Mohammed al-Amoudi, who had monopolized oil refining in Morocco through SAMIR, the only refinery there. Most of the shares of SAMIR, which was founded by the Moroccan government in 1959, were sold to Amoudi's Corral group in the 1990s.

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