Spanish Aerospace giant Aciturri expands in Morocco

Spanish aeronautical group Aciturri is expanding its presence in Morocco through a new partnership announced Wednesday. Under the new partnership, Aciturri will establish a new manufacturing facility in Midparc, a Moroccan industrial development company, with an estimated investment of $2.4 million (25 million dirhams) planned for equipment in 2024. The agreement, signed in Casablanca in […]

EU to release €300m to help Tunisia fight Coronavirus pandemic

The European Union will release €300 million on June 1 to assist Tunisia in its fight against the global pandemic that has caused the death of 12,451 in the North African country. Marcus Cornaro, the envoy of the EU commission to Tunisia informed Prime Minister Hichem Mechichi of the release of the funds, the first […]

Natural disasters cost Morocco over $575 million every year – World Bank Report

Morocco is among the countries most exposed to geological and climate-related hazards in the Middle East and North Africa (MENA) region, says the World Bank in a recently-published report, noting that although Morocco does not contribute as much to climate change as more industrialized nations, it has still experienced the effects of the global climate […]