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Morocco, USA broker deal between Israel & Palestine for opening of Allenby crossing

Thanks to a direct mediation by Morocco, under the leadership of King Mohammed VI, and by the United States, the Israeli authorities have decided to open, without interruption, the Allenby/King Hussein border crossing, linking the West Bank and Jordan. This joint Moroccan-US mediation led to an agreement for the permanent opening of this crossing 24/7. […]

PSA Leadership Underscores Competitiveness of Morocco Plant

French carmaker PSA plans to build on the competitiveness of its Morocco plant to achieve leadership in a car segment of cost-efficient cars, head of PSA Maghreb said. “With Peugeot 208 made in Morocco, we aim at being leaders in this segment. Other beautiful surprises will take place in the future,” said PSA Maghreb director […]

EIB supports Morocco’s technopoles expansion with €115 Mln funding

The European Investment Bank has provided €115 Mln loan to MEDZ, subsidiary of CDG Group, for the expansion and modernization of ten technopoles located in five regions of Morocco. The funding supports the country’s advanced regionalization policy and its New Development Model and is in line the EU’s Mediterranean Agenda on resilience and climate transition, […]