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Chinese Midea Group contemplates acquiring Electrolux Group’s Egyptian Zanussi
The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]
World Cup, a boon for Morocco’s economy
One month after a devastating earthquake, Moroccans jubilated at the news of the country co-hosting the 2030 together with Spain and Portugal. Beyond the sports significance, the tournament will give a much needed boost to Morocco’s economy as it forges ahead with earthquake reconstruction and as it also plans to meet its new development model […]
Death toll rises to 12 after migrant boat sinks near Casablanca
The sea continues to reject the bodies of victims of a tragedy that occurred last Saturday, when a dinghy, carrying more than fifty candidates for illegal emigration, capsized off Mohammedia’s coast, near Casablanca, local authorities said. Moroccan authorities Monday recovered five more bodies of drowned migrants near Casablanca, bringing the total death toll to 12 […]



