Egypt: Egypt Air boss fired, company lost $1 billion over four years

State-owned carrier Egypt Air has a new boss since Thursday after former boss Sameh el-Hefny has been sacked following the one billion dollar lost recorded by the company since the 2011 uprising. Samed el Hefny who ran the company since Marsh 2014 will be replaced by Sherif Fathy who is a consultant and worked as […]

Morocco’s textile industry faces export challenges despite EU growth

Morocco’s textile and clothing sector demonstrates measured resilience amid intensifying global competition, maintaining its eighth position among EU sourcing destinations with 7% growth in 2025. However, structural challenges reveal the urgent need for strategic transformation toward higher value-added production. Latest data from Eurostat and Morocco’s Foreign Exchange Office show the kingdom’s textile exports to the […]

Spain highly appreciates Moroccan King’s efforts to promote regional stability – Spanish PM

Spain highly appreciates King Mohammed VI’s efforts to promote progress in Morocco and champion regional stability, President of the Spanish Government said. Pedro Sanchez, speaking to the media on the sidelines of the International Socialist Congress, held on Saturday in Rabat, welcomed the excellent ties between Morocco and Spain, “two brotherly neighboring countries who share […]