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Morocco: French Mecaplast to Launch Factory near Kenitra
French Mecaplast, a plastic parts producer and supplier of French PSA Peugeot, announced Wednesday its entry into the Moroccan automobile industry with the launch of a factory near the city of Kenitra, some 40 Km to the north of capital city Rabat. The Monaco-based plastic giant will settle in Morocco near the future plant of […]
Arab-Islamic Summit demands end to Israeli aggression on Gaza & lift of the blockade; rejects forced displacement of Palestinian People
The Extraordinary Arab-Islamic Summit held Saturday in Riyadh has adopted a resolution demanding an end to Israeli aggression on Gaza, categorically rejecting forced displacement of Palestinian People, demanding the immediate lift of the blockade and the letting of humanitarian aid convoys into Gaza. The leaders of the Arab and Islamic countries participating in the Summit […]
Egypt Adds Multi-billion Dollar “Social Package” to Budget
As Egypt’s fiscal year for 2017-2018 will be commencing on July 1, the Finance Ministry has announced that a “social package” aimed at easing the pain of the ongoing austerity measures will be included in the budget. More than 90% of the citizens will benefit from the package through food subsidies, tax breaks and increment […]



