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Morocco’s Banks Invested over $1.8 Bln in African Countries
Moroccan banks have invested more than $1.8 billion in 25 African countries between 2007-2017, says a report released by the Moroccan ministry of economy & finance. These investments represent 52.2 pc of total Moroccan funds injected in Africa. Over 16.4 pc of the Moroccan investments were made in the telecom sector, 12.3 pc in industry […]
Bombardier to Open €60 million Rail Plant in Morocco by 2020
multinational aerospace and transportation company Bombardier said it will set up a rail factory in Morocco worth €60 million with a potential to employ 2000 people by 2020. The announcement was made by head of Bombardier activities in Morocco Taoufiq Boussaid, who was speaking at the Rail Industry Summit in Casablanca. He said that Bombardier […]
Algeria Rejects Pro-Morocco Spanish Ambassador
In a move that shows that hostility to Morocco remains a guiding line in Algeria’s foreign policy, Algerian authorities have refused to accept the nomination of the new Spanish Ambassador in Algiers José Maria Ridao because he is deemed “too close to Morocco.” Ridao, Spain’s former ambassador to the Unesco, is an intellectual close to […]



