rescue boat

Automotive: German Prettl invests in a new factory in Tangier

The German group Prettl specializing in the manufacture of auto parts announced earlier this week the construction of a new industrial site in the ”Automotive City” in Tangier, for an €8 million investment. According to data presented during the groundbreaking ceremony for the new plant, the unit will have an overall production capacity of up […]

Morocco: Expatriates’ remittances exceed MAD 30.5 billion by end of April; FDIs increase by 5%

Remittances by Moroccan expatriates exceeded 30.56 billion dirhams at the end of April 2022, against MAD 29.03 billion a year earlier, according to the Office des Changes (exchange office). These transfers are up 5.3% or 1.52 billion dirhams, said the Office in its monthly bulletin of foreign trade indicators for April 2022. The Office also […]

DRC: UN Security Council, EU, Arab MPs & several Arab countries decry terror attack against Moroccan peacekeepers

The UN Security Council, the European Union, the Arab Parliament and several Arab countries, including Bahrain and Jordan have strongly condemned the deadly terrorist attack on Moroccan peacekeepers serving in the UN Organization Stabilization Mission in Democratic Republic of the Congo. The attack on Tuesday resulted in the deaths of three MONUSCO peacekeepers: two from […]