A press statement issued by the kingdom’s Minister of Commerce and Industry, Tawfiq al-Rabiah, brought to light that projects worth more than $1,3 billion have been on the hold in Egypt. This information was revealed ahead of the Saudi-Egyptian Joint Committee meeting to be held in the Saudi Arabia’s capital, Riyadh. Several Saudi Arabian projects […]
Morocco could reach its official tourism target of 26 million visitors by 2030 two years ahead of schedule, as stronger-than-expected growth renders current projections outdated, business daily Medias24 reported. The argument is based on a reassessment of the assumptions underpinning Morocco’s tourism roadmap, which analysts now say no longer reflect the sector’s performance. Recent data […]
Gotion High-Tech, a Chinese electric vehicle battery giant, will inject over $ 6.5 billion in a gigafactory in Morocco. It will be the first in Africa, creating more than 25 000 jobs and strengthening the country’s leading position in the automotive industry. The announcement of this EV battery industrial eco-system was made Thursday in Marrakesh […]
