malta meeting of 5+5 group jan 2019

Egypt to sign four deals for car manufacturing

Egypt’s Supreme Council for Vehicle Manufacturing is set to sign four partnership agreements with various companies, within a few days to manufacture automobiles in the country, a statement from the office of Prime Minister Mostafa Madbouly said, without specifying the names of the concerned companied. The statement came following a Cabinet meeting on Tuesday November […]

Automotive industry: US company Lear opens new plant in Meknes

The American group specializing in the manufacture of automobile seats and electrical and electronic systems has inaugurated a new factory in Meknes that adds to the 15 units the US group already operates in Morocco. The new site, which required an investment of $18.3 million (200 Million DH), was built on an area of 54,000 […]

Throne Day: Morocco’s King Calls on All Stakeholders to Facilitate Foreign Investment & Combat Speculation

King Mohammed VI has laid out his vision to attract more foreign investment in an unstable environment marked by the continuing impacts of the COVID19 crisis and the effects of major international developments on the national and the global economy. In the Throne Day speech delivered on Saturday, the Moroccan King pointed out that “despite […]