Spanish car parts maker, Ficosa, will start operating its Moroccan plant specializing in producing in-vehicle cameras on March 20, the company said. The Catalonia-based Ficosa, which has been sold to Japan’s Panasonic last July, has completed the plant for a total cost of €30 million. The plant, which will offer 800 direct jobs by 2020, […]
The Moroccan government said it has selected 6 projects led by 5 national and international firms to launch green hydrogen projects in the southern provinces, the Sahara, to produce ammonia, fuel, and steel, as part of its offer to investors. The companies that were selected by the “Morocco Offer” committee are: – The ORNX consortium […]
The global oil glut that has taken a toll on the budgets of many oil producing nations will persist into 2017, as oil supply is expected to continue outstripping demand, the International Energy Agency said in a recent report. The report argues that oil markets will take “a while longer” to rebalance in light of […]
