EBRD Lends €7.5 Mln to Tuyauto Gestamp Morocco

The European Bank for Reconstruction & Development (EBRD) is supporting Moroccan automotive sector with a €7.5 million loan to Tuyauto Gestamp Morocco, a greenfield joint venture producer of metal automotive parts owned by Gestamp Automocion (Spain) and Tuyauto (Morocco). The funds will finance the first phase of Tuyauto Gestamp Morocco’s operations in the welding and […]

Joint Moroccan-Spanish Operation Nets Four IS Recruiters

An anti-terrorism operation jointly conducted by Moroccan and Spanish intelligence services in the enclave of Sebta and in the town of Nador led Tuesday at dawn to the arrest of four men suspected for recruiting fighters for the Islamic State terrorist group. According to the announcement made in both countries, the four men built up […]

Sahara: Guatemala reaffirms support for Autonomy Plan, decides to open consulate in Dakhla

Guatemala announced on Thursday its decision to open a consulate in Moroccan Saharan city of Dakhla and voiced support to the autonomy plan offered by the Kingdom for a lasting resolution of the Sahara regional conflict. “Guatemala deems the autonomy plan under Moroccan sovereignty as the solution to the Sahara issue and decides to open […]