grounded plane

Chinese automotive supplier Tianyouwei installs in Morocco with $76 Mln investment

Tianyouwei, a Chinese producer of automotive instrument panels and smart cockpit solutions, has decided to invest $76 million in its new production site in Morocco. The new plant will produce electronic dashboards and all in-vehicle electronic components destined for the European market. The Chinese company said the establishment of a manufacturing site in Morocco represents […]

After Somalia, South African Islamic State-linked firms also targeted by US sanctions

The United States on Monday (7 November) imposed its second round of sanctions in less than a week on people and firms, this time targeting South African entities, who it says have provided financial or material support to the Islamic State (IS) group. Following the financial penalties against a Somali IS weapons trafficking cell imposed […]

Israel: Obama minimizes Netanyahu’s standing ovations speech

Prime Minister Netanyahu delivered his speech at the US Congress on Tuesday despite the controversy between the White House and the Speaker with regards to the invitation. His speech was interrupted several times by a standing ovation from those who supported his thoughts especially the Republicans. The Israeli prime minister warned that any deal with […]