Le Piston, a French company manufacturing airplane and helicopter parts, will set up its second plant in Morocco for a total investment of €5 million, Moroccan media said. The plant will be built in Casablanca over 4000 square meters and will produce parts that range up to 1.20 meters, Le Piston President said. The new […]
The World Bank, the second largest international economic institution with the International Monetary Fund (IMF), has officially downgraded Algeria to lower middle-income status, a category of countries where income is considered “lower middle”. This new World Bank ranking is very bad news for Algeria, which is beginning to worry the international community because of its […]
Swissport International, a global provider of airport ground services, has been awarded lately a 5-year ground handling licence for Oran International Airport. It is the 2nd contract bagged by the company in Algeria and the third deal gained in North Africa after securing similar licences for Morocco’s major international airports. With these contracts in pocket, […]
