EU reaffirms commitment to peace & stability in Libya by expanding EULINK project

The European Union has reaffirmed its commitment to supporting Libya’s security sector and advancing the implementation of the 2020 ceasefire agreement. EU Ambassador to Libya, Nicola Orlando, announced the launch of the second phase of the “EULINK” project, designed to strengthen security measures in ceasefire zones. In a statement on X, Orlando emphasized the EU’s […]

WB Confirms IMF Forecast: Morocco’s Growth to Reach 4.6 % in 2021

Morocco’s economic growth is expected to rebound to 4.6 pc in 2021 as drought conditions ease, policy remains accommodative, and virus and vaccine trends are favorable, says the World Bank in its latest report on global economic prospects. The updated WB projections, which are taking into account various external and internal factors, confirm the International […]

Automotive industry: Turkish Martur Fompak injects over $35 million in new factory in Tangier

Turkish automotive supplier Martur Fompak International inaugurated an industrial plant on Tuesday, March 1 in Tangier Automotive City.   Built over 38,487 m², the plant required an investment of more than $35.6 million (340 million dirhams) and will allow the creation of 1,150 jobs.   Located in one of Morocco’s biggest industrial zones, the factory […]