Sinai attack

Andalucia Businessmen Interested in Investment Opportunities in Morocco’s Aeronautical Market worth over $2.8 Bln

A delegation representing several Spanish aerospace companies from Seville and Cadiz visited lately Casablanca to explore the investment opportunities offered in the Kingdom’s aeronautic sector, generating annual revenue exceeding $ 2.8 billion. The Spanish trade mission was organized by Andalucía TRADE, Andalucía Aerospace and Moroccan grouping of aeronautical & space industries (GIMAS) to strengthen business […]

DR Congo, UAE sign $1.9bln mining deal

The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country will develop several mining fields. The deal was signed Monday with state miner “Société Aurifère du Kivu et du Maniema”, “Zawya” reports, citing a statement from the Congo’s President Felix […]

Morocco’s Telecom Companies Face-off over ‘Unfair Competition’

Morocco’s third largest telecoms operator, Inwi, is suing market leader Maroc Telecom over unfair competition claiming $620 million in payment. Inwi accuses Maroc Telecom of holding 60% of Morocco’s telecoms market, saying that such a share is against the law, which states that companies should not exceed 40%. Kuwait’s Zain and Kuwaiti Investment Authority’s Al […]