Libyan & Qatari flags

Airbus finalizes acquisition of Spirit AeroSystems’ assets, including Casablanca facility

Airbus, the world’s biggest plane-maker, confirmed this Monday the acquisition of Spirit AeroSystems industrial assets dedicated to its commercial aircraft programs including the Casablanca production site. Under terms of the agreement signed between the two parties, Airbus will take ownership of the facilities that produce fuselage sections, wings, and other components. The deal includes the […]

Morocco’s wood industry paradox: $500 million potential hampered by import dependence

Despite possessing nine million hectares of forest resources, Morocco finds itself trapped in an economic paradox. The nation imports nearly 70% of its timber needs while its forests face unsustainable exploitation, creating urgent challenges at the intersection of environmental protection and industrial development. National production of construction and industrial timber reaches 680,000 cubic meters annually, […]

Egypt: Jail sentence against Zamalek Club Chief Mortada Mansour upheld

An Egyptian court upheld a one-month jail sentence and a one-year suspended sentence against Al-Zamalek football club’s controversial president Mortada Mansour, after he was found guilty of defamation against his Al-Ahly counterpart Mahmoud El-Khateeb. The ruling came Saturday after the court had rejected two appeals filed by Mansour against the two sentences, state-run news outlet […]