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EBRD Forecasts 4.2% Growth for Morocco’s Economy in 2017
The European Bank for Reconstruction and Development (EBRD) has trimmed its predictions for GDP growth in Morocco in 2017 from 4.8% to 4.2%. Growth is expected to accelerate in 2017 to 4.2 per cent, as agricultural output rebounds following strong rainfall, and non- agricultural growth remains subdued, said the EBRD in its Regional Economic Prospects […]
SEGULA Technologies opens a center of excellence for automotive engineering in Agadir
SEGULA Technologies, the global engineering group, is increasing its operations in Morocco by opening a center of excellence, at the forefront of technology, in Agadir mainly devoted to automotive engineering. The aim of this new center is to respond to the growing needs of the local automotive market and also to offer a nearshore platform […]
Libya targets refinery overhaul to cut fuel imports, strengthen economy
The Chairman of the National Oil Corporation, Masoud Suleiman, has identified the expansion of domestic fuel production as a strategic lever for revitalizing Libya’s economy, warning that ageing refinery designs, obsolete technologies and weak output have widened the gap between local supply and demand. He said Libya’s five basic refineries have a combined capacity of […]



