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Egypt: Moody report lowers Cairo’s Suez Canal spirit
The Egyptian government’s expectations pinned on the Suez Canal have been dampened by a report from credit ratings provider Moody which claimed that earnings to be generated from the canal after the opening of the second waterway last week will come “at a much slower pace.” The construction of the second 32km-long Suez Canal and […]
China’s Guizhou Tyre approves nearly $300 million tire factory in Morocco
Chinese tire manufacturer Guizhou Tyre has approved plans to build a new production facility in the Cité Mohammed VI, Tanger Tech industrial zone, confirming an investment close to 300 million dollars. The company’s board of directors validated the project on January 5, giving the green light for the construction of an intelligent tire plant with […]
French anchovy processor invests in energy efficiency at Tangier facility
La Conserverie des 2 Mers, a French-owned anchovy processing company based in Tangier’s Moghogha industrial zone, has secured funding from MED TEST to modernize its production facility with advanced energy efficiency and environmental protection measures. The investment marks a significant step toward sustainable food processing in Morocco’s thriving seafood industry. The subsidiary of French seafood […]


