EU Foreign Policy Chief Josep Borrell

COVID-19: International media continue praising Morocco’s strategy as one of the best in the world

The International media are continuing praising the unparalleled measures taken by Morocco to fight the COVID-19 pandemic, with some describing the kingdom’s strategy as one of the best in the world. Italian news agency NOVA commented that the plan adopted by Morocco to fight the coronavirus epidemic is “unprecedented and the first of its kind […]

Morocco’s post-Covid 19 stimulus package presented at IMF-WB Annual Meetings

Moroccan Minister of Economy and Finance Mohamed Benchaâboun highlighted the priorities of Morocco’s economic recovery plan at a virtual conference held Wednesday as part of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank (WB). To help its economy recover from the covid-19 crisis, Morocco adopted a stimulus plan focused on […]

Chinese Midea Group contemplates acquiring Electrolux Group’s Egyptian Zanussi

The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]