Morocco_jewish

US ambassador underscores economic potential of Morocco’s Southern Provinces

US Ambassador to Morocco Duke Buchan III said the Moroccan southern provinces, the Sahara, offer tremendous economic potential, positioning the region as a strategic hub linking Africa, Europe and the Americas and a focal point for growing US investment interest. Speaking at Gitex Africa in Marrakech, Buchan reaffirmed US support for Morocco’s autonomy plan for […]

Stellantis Morocco Joins Efforts with Attawfiq Microfinance to Boost Sale of E-Three-wheeler

Leading carmaker Stellantis Morocco has partnered with Attawfiq Microfinance to enable small business owners purchase FIAT TRIS, a 100% electric three-wheeled vehicle produced in Kenitra plant, Morocco. Under the deal, Attawfiq Microfinance, established in 2000 by Moroccan BCP Group, will provide small loans to those wishing to get TRIS without a heavy upfront. The goal […]

Egypt’s Investor’s Union desperate about future

A recent report conducted by the Investors Union stated that approximately 1500 factories in Egypt have either closed or are operating at reduced capacity. Production has been falling since the economic crisis began and the number of factories to close will be increasing especially those importing raw materials to be used in local production. The […]