Bosch suppliers to set up industrial cluster in Morocco

World leader in home appliances, Bosch, signed a memorandum of understanding with Morocco’s industry ministry to create an industrial cluster in Morocco to supply its plants in Europe. The new Bosch suppliers in Morocco will help create 2000 jobs and achieve an export value of 1.6 billion dirhams in 2023, said Morocco’s industry ministry in […]

Morocco’s central bank kicks off instant inter-bank payments

Clients of Moroccan banks can now enjoy instant transfers in real time and for free over the next three months, Morocco’s central bank said in a statement. The time-span for transfers between clients of Moroccan banks would now take no more than 20 seconds provided it is capped at 20,000 dirhams, it said. The initiative […]

Iran, Repeated Offender, Cited in a Foiled Attack in France

Not a week goes by without our reading in the news that Iran is involved, directly or indirectly, in a terrorist plot, not only in its area of influence but also in far away countries. The most recent such plot was planned in France against an exiled Iranian opposition group which was holding over the […]