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Turkish Firm to Invest $700m in Iraqi Steel Plant

A Turkish company will invest $700 million in an Iraqi steel plant to upgrade its production capacity to 1 million tons per year. Under the 18-year deal with the Iraqi ministry of Industry and Minerals, the Turkish company will rehabilitate and develop the iron and steel plant located in the Khor Al-Zubair, in Basra, that […]

Morocco-EU Fisheries Agreement: National Cause Is a Red Line

Morocco made it clear Thursday as negotiations on a new fisheries agreement with the European Union started in Rabat that the national cause is a red line and that the Kingdom’s higher interests, including its territorial integrity, are not negotiable. Aziz Akhannouch, Minister of Agriculture and Maritime Fisheries, who chaired the launch of the technical […]

China’s Sentury to launch construction works of Morocco’s first tire plant this August

Sentury Tire, a Chinese tire manufacturing giant, will build a first Morocco tire facility in the North of the country, 35 km from Tanger-Med port, Africa’s largest container port which handles over half of all cargo going through Moroccan ports. The deal okaying the plant breaking ground and operationalization was signed by the company’s manager […]