Arab foreign ministers meet during a regular session to discuss latest developments in Middle Eastern affairs, in Cairo

Spain reiterates support for Morocco’s autonomy plan

Spain reiterated its support for Morocco’s autonomy initiative as the most serious, credible and realistic solution to end the regional conflict in the Sahara territory. This reaffirmation came in a joint declaration issued at the end of the 12 Moroccan-Spanish high-level joint committee. The two countries signed 20 cooperation deals and a Spanish credit line […]

Automotive Industry: New Comer Confirms Morocco’s attractiveness

Spain’s car parts maker, Ficosa, is planning to set up in Morocco a plant specialized in producing in-vehicle cameras, Spanish media reported. The Catalonia-based Ficosa, which has been sold to Japan’s Panasonic last July, plans to invest €50 million in two new plants in Morocco and Malaysia respectively. The Moroccan factory will be located in […]

TunisAir plans massive layoff starting from 2022 to ease financial burden

Tunisia’s national carrier, TunisAir, will lay off 1,000 employees over three years starting from 2022 as part of plans to reduce financial burden and return the company to profitability, CEO Khaled Chelly has revealed. Chelly made the announcement Thursday while receiving the second small body A320neo of a four-jet deal signed with Airbus. The first […]