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Spanish Aciturri aeronautics group acquires moroccan GOAM, moves to Casablanca
The Spanish aerospace group Aciturri Aeroengines moved into Casablanca following the acquisition of the Moroccan company GOAM Industrie. “Aciturri Aeroengines has officially acquired GOAM Industrie, a manufacturer of engine components located in Casablanca’s Midpark, specializing in the production of turbine and aircraft engine parts,” stated the Spanish group in a statement posted on the social […]
Libya’s Culture minister arrested, investigated on corruption charges
The Libyan Public Prosecutor has ordered the arrest and the pre-trial of Culture Minister Mabrouka Tougi, over accusations of corruption in administration and finance transactions. Tougi was interrogated on Dec. 29 and has been detained pending an investigation against her over allegations of corruption following a decision by the prosecution. A brief statement by the […]
Turkish Firm to Invest $700m in Iraqi Steel Plant
A Turkish company will invest $700 million in an Iraqi steel plant to upgrade its production capacity to 1 million tons per year. Under the 18-year deal with the Iraqi ministry of Industry and Minerals, the Turkish company will rehabilitate and develop the iron and steel plant located in the Khor Al-Zubair, in Basra, that […]



