SDX ENERGY

Russian EVs producer Concordia to set up manufacturing factory in Egypt

Concordia, a Russian manufacturer of electric vehicles (EVs), will set up an EV components manufacturing factory in Egypt as part of deal with real estate developer GV Investments. Per the partnership, GV Investments will provide the plot of land needed for the project and construct the factory, reports say. The future factory is expected to […]

New Morocco-UK shipping line operational in September, British ambassador says

The new shipping line to connect directly Tanger Med and Poole in southern England would be operational in September, said British Ambassador to Morocco, Simon Martin. In an interview with Le360 news outlet, the United Kingdom’s Ambassador to Morocco, Simon Martin, announced that the shipping line between the ports of Tangier Med and Poole, England, […]

Morocco’s trade deficit widens by 15.9% by end of July 2025

Morocco’s trade deficit deepened significantly in the first seven months of 2025, reaching 194.9 billion dirhams, up 15.9% from 168.2 billion dirhams recorded during the same period in 2024. This came on the back of a sharp increase in imports, which rose by 8.8% to 469.7 billion dirhams, while exports grew more modestly by 4.2%, […]