Ramtane-Lamamra

COVID-19: king orders free distribution of washable protective masks in poor neighborhoods in Morocco

King Mohammed VI instructed the Interior Ministry to proceed to the free distribution of washable facemasks to underprivileged citizens, reported the news outlet le360, quoting reliable sources. This measure is likely to help curb the spread of the COVID-19 pandemic. This large-scale operation concerns first of all the cities which have recorded a surge in […]

Rolling Plus signs deal with Egypt to set $1bln tire factory in SCZONE

Rolling Plus Chemical Industries will set up in Egypt’s Suez Canal Economic Zone a factory to produce tires with a total investment of above $1 billion, as part of the North African country’s automotive strategy aiming at developing the local car industry in order for the country to become a regional manufacturing hub. Rolling Plus […]

IATA cuts 2025 profit forecasts amid economic headwinds

The International Air Transport Association (IATA) downgraded its 2025 projections Monday, forecasting fewer than five billion air trips this year compared to the previously anticipated 5.22 billion, as the aviation sector faces mounting economic uncertainties. During IATA’s annual general assembly in New Delhi, the organization revised industry profit expectations to $36 billion, down $600 million […]