EU removes Tunisia from money laundering blacklist

The European Union has removed Tunisia from its list of countries that pose threats to the financial system over money laundering and terrorism financing because of lack of legislation at home. The European Commission reviewed on Thursday the list of high-risk third countries with strategic deficiencies in their regime regarding anti-money laundering and countering terrorist […]

Japan’s Yazaki Group to expand in Morocco with a fourth factory

Global automotive parts supplier Yazaki is planning to open a new plant in Morocco in January 2020. This plant, Yazaki’s fourth in the kingdom, will be set up in Kenitra, some 40 km to the north of Rabat, and will start operating in January 2020, says L’Economiste daily. The facility will employ 2,500 people, bringing […]

Morocco to increase wheat inventories

Morocco will start in April bolstering its inventories of soft and hard wheat in implementation of royal directives, agriculture minister said. He said the new reserves will bolster the already existing wheat stocks of five months and will be managed by state agency for grains and cereals ONICLE. Speaking to MPs, Sadiki said that building […]