Turkish automotive supplier Martur Fompak International inaugurated an industrial plant on Tuesday, March 1 in Tangier Automotive City. Built over 38,487 m², the plant required an investment of more than $35.6 million (340 million dirhams) and will allow the creation of 1,150 jobs. Located in one of Morocco’s biggest industrial zones, the factory […]
Shen Ching, a Chinese company producing cast-iron pipes and steel industry, has announced plans to invest $2 billion in Egypt’s Suez Canal Economic Zone. Head of the Chinese firm, He Kijo, made the announcement during a meeting with Prime Minister Mustafa Madbouli in Egypt. The project is set to be built on an area of […]
Morocco’s minister of culture Othman El Ferdaous has unveiled a new series of supportive measures destined to mitigate the impact of the coronavirus pandemic on artists, writers, musicians, painters, singers, actors… These measures include advancing the payment of royalties to the artists, musicians, singers, authors and writers. The ministry will also launch a $4 million […]
