Morocco made Protective-Gear

Post-Covid: Moroccan CIH bank gets €40 Mln EBRD loan to support local businesses

The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €40 million loan package to Moroccan bank “Crédit Immobilier et Hôtelier” to enable it enhance the resilience of local trade and businesses affected by covid-19 pandemic. Under the agreement sealed by the two parties, the EBRD will provide a €20 million loan to […]

Morocco’s King enquires about COVID-19 vaccine effort

King Mohammed VI chaired a ministerial meeting in Rabat Wednesday during which details were provided about the latest developments on an anti-COVID-19 vaccine currently developed by China. During the meeting, Health Minister Khaled Ait Taleb said that there is regular contact with the companies working on the vaccine as well as with the Chinese government, […]

World’s largest aluminum wheel producer launches second factory in Morocco

Chinese Citic Dicastal group, the largest producer of aluminum wheels in the world, launched a second factory worth €350 million in Morocco’s Kenitra, one year after opening a plant in the same area. Part of a project dubbed, Citic Dicastal Africa, the new plant stretches over a surface area of 30,000 square meters and will […]