US Moroccan navy Forces

Car Industry Injects New €1.2 billion investments in Morocco

Morocco continues to steadily expand its car industry fabric, a fact that confirms the country’s leading position in relation to high added-value activities and the confidence it enjoys on the part of international investors. After the Memorandum of Understanding signed Saturday between Morocco and Chinese electric vehicle maker BYD related to building a production site […]

WB: Morocco’s growth to pick up to 3.5% in 2023 & 3.7% in 2024

The World Bank expects Morocco’s economic growth to increase to 3.5 percent in 2023 and 3.7 percent the following year as the country’s agriculture sector recovers gradually from last year’s drought. The spending of the North African Govt. is expected to partially offset weakness in private consumption stemming from high inflation, underlined the WB in […]

Algerian Connection: Spain seizes a 322-Kg cocaine shipment en route to Oran

Spanish authorities have seized lately 322 kg of cocaine at Algeciras Port (Cadiz). The cocaine, worth several million US dollars, was concealed in a container coming from Brazil and heading to Oran, Algeria. The new seizure confirms international intelligence reports saying that Algeria has become a gateway for South American drug cartels seeking access to […]