Moroccan & Mauritanian flags

Morocco Set to Become Hub for Aeronautic Industries

Morocco is forging ahead with its industrialization plan, which attaches particular importance to aviation-related industries. The recent opening of Latsima’s factory to supply Airbus is part of an endeavor to make Morocco a hub for aeronautic industries by attracting component suppliers for leading aircraft manufacturers. The new factory is located in the outskirts of Casablanca […]

Algeria’s crude prices drop below production cost

Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]

Morocco: Tanger-Med Police foil psychotropic trafficking

Moroccan security services foiled on Saturday morning at Tanger-Med Port an international drugs and psychotropic substances trafficking attempt, seizing 155,703 Ecstasy tablets concealed in an international transport truck coming from a European country, the Directorate General of National Security (DGSN) said in a press release. According to initial findings of the investigation, border control and […]