General Brunot Guilbert 1

Alstom Invests over $10 Million to boost Morocco’s Rail Industy

French rail giant Alstom has announced an investment of over $ 10 million to boost Morocco’s multi-platform production line for train driver desks, giving a new impetus to the country’s railway industrial value chain. “Seeing this first global production line established within our AMECA region is a strong signal of the industrial momentum we are […]

Moody’s hails resilience of Moroccan economy, maintains Morocco’s Ba1 rating

The American rating agency Moody’s confirmed, during its periodic review in March, the Ba1 rating assigned to Morocco, with a stable outlook. This decision highlights the Kingdom’s ability to maintain its macroeconomic stability despite ongoing challenges, such as slowed economic growth and increasing public debt, writes the magazine Challenge. In its report, Moody’s emphasizes the […]

EgyptAir to resume regular flights early July

Egypt’s national carrier, EgyptAirn is set to resume regular international flights early July as airports around the world begin to open up amid covid-19 pandemic. The airliner will fly to 24 destinations in the first week and will service more destinations later, Reuters reports. The destinations includes Europe (13), Africa (3), Middle East (4), North […]