Morocco’s braces for a surge in the bill of subsidies to keep bread prices stable from 1.3 billion dirhams in a normal year to 3.844 billion dirhams expected this year, Delegate Minister in charge of the budget Fouzi Lekjaa said. Speaking to reporters following the weekly government council, Lekjaa deplored the difficult conditions in the […]
Bombardier Aerospace, one of the world’s leading aircraft manufacturers, announced it started producing components at a transitional facility in Morocco. “This is a very exciting milestone for us as we start to see our operation in Morocco take form,” said Hugo Brouillard, General Manager, Bombardier Aerospace, Morocco. The group said in a release that 18 […]
Morocco’s automotive industry continues to grow at a rapid pace and attract investors thanks to the country’s political stability, low-cost labor, tax incentives and geostrategic position. On Wedesday, Nexteer Automotive opened its first African plant in Kenitra, Morocco in a ceremony attended by Moroccan Minister of Industry, Investment, Trade and Digital Economy, Moulay Hafid Elalamy, […]
