In a move to restore its economy after the 2011 uprising, Tunisia plans to issue for the first time an Islamic bond or sukuk worth 700m dinars ($435.85m) with the guarantee of the Islamic Development Bank and $1.8bn in new foreign bonds this year; $880m guaranteed by the United States and $1bn guaranteed by Japan. […]
Rich in phosphates and cobalt deposits, Morocco is poised to attract investments in the fields of electric batteries and environment-friendly vehicles as it pushes to achieve industrial sovereignty and expands high-tech manufacturing. The country’s officials have on multiple occasions mentioned an active quest to attract investors to build a gigafactory that will lure other EV […]
Morocco is the second biggest buyer of Spanish Arms in Africa with imports totaling 452 million dirhams in 2015, Spain’s Trade Ministry said. In a bid to diversify its arms suppliers, Morocco is buying military equipment and ammunition from Spain, Spain’s Trade Ministry said in a report, adding that Egypt tops the list of Spanish […]
