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Automotive: Korean HANDS Corp. Opens €400 million worth Plant in Tangier
Korean HANDS Corporation, aluminum wheel manufacturer, opened on Tuesday a plant in Tangier, its first production site in Africa, enhancing Morocco’s automotive cluster, which is attracting a growing number of investors in this highly competitive industry. The Korean group has invested over €400 million in its Moroccan factory to create up to 1600 jobs. […]
TunisAir plans massive layoff starting from 2022 to ease financial burden
Tunisia’s national carrier, TunisAir, will lay off 1,000 employees over three years starting from 2022 as part of plans to reduce financial burden and return the company to profitability, CEO Khaled Chelly has revealed. Chelly made the announcement Thursday while receiving the second small body A320neo of a four-jet deal signed with Airbus. The first […]
G7 leaders voice worries over fragility of Libya’s governance
The G7 Foreign Ministers, along with the EU High Representative, reaffirmed their commitment to Libya’s stability, sovereignty, and unity during a meeting in New York on September 25. They expressed concerns over recent leadership transitions within the High Council of State (HCS) and the Central Bank of Libya (CBL), emphasizing the fragility of Libya’s governance. […]



