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PSA-Peugeot Citroën Aims at Producing 100.000 cars in Morocco by 2019
French automaker PSA-Peugeot Citroen announced that it will reach a production capacity of 100,000 cars by 2019 in its Kenitra plant, that is a figure 10,000 higher than the previous expectations. “We have announced that 90,000 cars will be made in the first phase, but in reality we can reach an annual production capacity of […]
World Bank Supports Jobs & Green Growth in Morocco with $500 Mln Funding
The World Bank has approved a $500 million financial package for Morocco’s jobs creation and green growth development to enhance the Kingdom’s efforts engaged for a more inclusive & resilient economy at an international juncture marked by geopolitical tensions and disruptions to energy supplies. In a press release, the WB says this financing supports Morocco’s […]
Iran and India to develop strategic Chahbahar port, MoU signed
Iran and India have signed a Memorandum of Understanding for the development of the Chahbahar port located in Southeastern Iran. The agreement was signed by India’s Shipping Minister Nitin Gadkari and Iran’s Minister for Transport and Urban Development Dr. Abbas Ahmad Akhoundi. It is seen as a strategic move although the U.S has warned against […]



