Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for an economic recovery from the repercussions of the coronavirus. These cuts give banks more flexibility in financing enterprises during this crisis notably SMEs, he told local media. The government has […]
American Hexcel Tuesday entered the Moroccan aeronautic market breaking ground on a new engineered core facility in MidParc Free Trade Zone Industrial Park in Casablanca, Morocco with an investment of $20 million. When fully operational in 2017, the facility will convert HexWeb® honeycomb materials into engineered core parts that are used for structural reinforcement and […]
Algerian military forces have launched lately a large scale combing campaign targeting Islamist militants groups operating in the Boumerdes-Tizi-Ouzou-Bouira triangle, stronghold of al-Qaeda in the Islamic Maghreb (AQIM) and its affiliates. This campaign comes as the international community braces for military action to dislodge the radical Islamist forces occupying northern Mali after a coup in […]
