Airbus announced Monday it has finalized the acquisition of several manufacturing sites from its American supplier Spirit AeroSystems, including the company’s Casablanca facility. The finalization marks a significant expansion of the European plane maker’s control over its commercial aircraft production chain. The transaction brings more than 4,000 employees under Airbus’ wing, according to Florent Massou, […]
The UAE has sent two aircraft laden with medical supply to Iran, hard hit by the Coronavirus disease, which has affected 16,169 persons and killed 988, according to Tuesday tally. The shipped 32 metric tons of supplies, include thousands of pairs of gloves, surgical masks, and protective equipment. It is the second shipment to Iran, […]
The looming debt crisis in Africa can only be resolved with a more stable and liquidity market in African government bonds, argue Daniel Cohen, the chair of Finance for Development Lab (FDL), and Ibrahim Elbadawi, the managing director of the Economic Research Forum, in a recent policy brief. As they struggle to secure investment to […]
