There are reports that Egyptian banks have been ordered by the Central Bank to refrain from doing business with some banks in African and Arab countries amongst which are Qatar, Libya, Syria and Sudan. The central bank’s decision is aimed at reducing the scale of money laundering in compliance with the anti-money laundering laws. Several […]
US Deputy Secretary of State Christopher Landau announced that, following Washington’s recognition of Morocco’s sovereignty over its Sahara, the US government has decided to encourage American investment in the Southern Provinces of the Kingdom. “The United States has recognized Morocco’s sovereignty over the Sahara, and as part of the Trump administration’s global initiatives to promote […]
Industry minister Ryad Mezzour expects the production capacity of Morocco’s automotive sector to increase to 1.5 million cars by 2026. “We will hit the 1 million car milestone next year as Stellatis doubles its production capacity,” Mezzour told Medias24 in an interview. By 2026, Morocco would be able to double its current production capacity to […]
