North Africa Post
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Africa Business Emerging Markets Europe Headlines International Morocco

Morocco emerges as world’s most cost-efficient car-making powerhouse

North Africa Post

Morocco has claimed the top spot as the most cost-effective country for automobile manufacturing, with its labor costs per vehicle, in addition to its modern production facilities, streamlined designs, and reliable supply chains, according to a recent global report by consulting firm Oliver Wyman. The study, which examined over 250 vehicle assembly plants worldwide, found […]
Asia Business Headlines International Maghreb Morocco

Morocco, Israel pave way for cooperation in aerospace industries

North Africa Post

Morocco and Israel signed a partnership agreement that will help attract investments by Israeli civilian and defense aerospace giant IAI’s. The deal was signed in Rabat by industry minister Ryad Mezzour and head of IAI’s Amir Peretz. “This is a strategic partnership…that paves the way for a win-win aerospace industrial cooperation,” said Mezzour, adding that […]
Business Egypt Emerging Markets Headlines Morocco

Urban Green Mobility: Egypt’s Blu EV to Invest $100 Mln in Morocco

North Africa Post

Blu EV, an Egyptian electric mobility company of billionaire Naguib Sawiris, is planning to invest $100 million in Morocco in a project of electric conversion of fuel-powered motorcycles. Its expansion into Morocco is part of a larger plan to grow gradually across MENA. The company is building on its success in Egypt in providing affordable […]

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