Morocco’s car industry most attractive market in MENA – Fitch Solutions

Morocco’s automotive industry is the most attractive market in the MENA region for production opportunities, said Fitch Solutions Foundation in its latest report. “Morocco is the top ranked MENA market in our Autos Production Risk/Reward Index, thanks to a robust outlook for production growth, low labor costs and positive industry policy”, added the Fitch think-thank, […]

Chad declares state of emergency amid inter-communal conflict

Chad’s President Idriss Deby Itno on Sunday declared a three-month state of emergency in the eastern provinces of Sila and Ouaddai, following escalation of inter-communal conflict.   To end the “disastrous situation,” the president ordered the deployment of military reinforcements and the disarmament of all civilians in the area. “The main cause of this whole […]

Libya not a failed state, Egypt considering military intervention

Despite the ongoing violence in Libya, the Council of Representatives has met for its first session in Tobruk due to the raging battles in Benghazi. Abu Bakr Baira, the lawmaker who presided over the session, said they have to “prove to the world that Libya is not a failed country” although internal differences have already […]