Morocco’s water reserves jumped sharply to 41.5% in the first days of 2026, buoyed by heavy rainfall, official data showed. The combined storage at the country’s main dams rose from 6.58 billion cubic meters on Dec. 31 to 7.12 billion cubic meters on Jan. 5, an increase of 540 million cubic meters in just five […]
Italy’s defense ministry and defense industry giant Leonardo-Finmeccanica signed this week an agreement to set up a military helicopters manufacturing plant near Setif in eastern Algeria. The factory will produce multipurpose light and medium Augusta West Helicopters that are used for transport, evacuation operations and surveillance, the Italian defense ministry said in a statement. The […]
Morocco’s insurance sector moved decisively toward consolidation as Sanlam Maroc advanced plans to absorb Allianz Maroc in a merger-absorption operation to be submitted to the extraordinary general assemblies of both companies on 2 July 2026. The deal’s prospectus received clearance from the Moroccan Capital Markets Authority (AMMC) on 15 June 2026, with accounting effects to […]
