The European Investment Bank will support Morocco’s Forest Strategy 2020-2030 with €100 million under a financing agreement signed in Rabat on Thursday Dec. 28. The agreement, which falls in the frame of cooperation between Morocco and the EIB and which spans the period from 2024 to 2028, focuses on climate change adaptation, biodiversity promotion, and […]
Germany’s Kromberg & Schubert, a leader in car wiring, has joined a panoply of auto-industry giants who choose to grab the investment opportunities offered by Morocco. Kromberg & Schubert has set up a factory in Kenitra’s free zone where Peugeot and other car component manufacturers have set up production plants. “Kromberg & Schubert plant will […]
Egypt’s tourism industry Tuesday received another major blow as UK top airline British Airways (BA) announced it was suspending flights to Sharm el Sheikh indefinitely. The British carrier says the decision was made out of concern for the security of its customers. “The safety and security of our customers will always be our top priorities […]
