Japanese JTEKT Car Component Manufacturer to Set up Factory in Tangier

Leading Japanese car part maker, JTEKT, will set up a plant worth €15 million in Tangier, an investment that will further bolster the automotive ecosystem in the country. The factory is scheduled to start producing car steering systems and drive parts in 2018, the Tanger-Med Port announced in a statement. The plant, to be built […]

Egyptian, Saudi stock markets sign MoU to boost cooperation

The Egyptian Exchange (EGX) and the Saudi Tadawul Group have signed a memorandum of understanding (MoU) to strengthen joint cooperation, Arab Finance reports citing an emailed press release of February 13. The MoU was signed on the sidelines of the ongoing Saudi Capital Market Forum, held in Riyadh February 12-14. “We seek to cooperate with […]

Sahara: Security Council optimistic about resumption of political process with new personal envoy

The UN Security Council (UNSC) held this week closed-door consultations on the Moroccan Sahara issue, during which the Council members were briefed by Martha Pobee, UN Assistant Secretary-General for Africa in the Departments of Political Affairs and Peace Operations, and Alexander Ivanko, UN Secretary General’s Secial Representative and Head of MINURSO. According to diplomatic sources, […]