Italian fishermen

Bombardier, Spirit reach new aerostructures deal for Belfast, Casablanca Facilities

Bombardier announced this week it has reached amended definitive agreement to sell its aerostructures business in Casablanca, Belfast, and Dallas to Spirit AeroSystems Holding Inc. of Wichita, Kansas. The initial purchase agreement between the two companies was announced in October 2019 for a cash consideration of $500 million, plus the assumption of liabilities with a […]

Algeria-China prepare pelagic fishing and aquaculture development

Algeria and China are interested in implementing a bilateral cooperation in aquaculture and fisheries based on their mutual interest. Officials from both countries met to further discuss its development in Algeria with technical assistance from Beijing. The North African country is also willing to open its doors to Chinese investors in such sectors in order […]

World Bank: Morocco’s Economic Growth to Rise to 3.3 in 2020-2021

Morocco’s economic growth is expected to pick up gradually and average 3.3 over 2020–2021, mainly driven by more dynamic secondary and tertiary activities, bolstered by high foreign investments, according to the World Bank forecast. Significant FDIs continue to flow into Moroccan automotive industries, especially in the new Peugeot plant – that will eventually double the […]