King Mohammed VI speech aug 20- 2021

Egypt in talks with three Chinese companies to launch production of electric cars in 2023

Egypt is in contact with Chinese companies with three potential companies for the production of electric cars in 2023 for an investment of $127 million, Bloomberg reported. The companies, no identified, will collaborate with state-run El Nasr Automotive Manufacturing Co., Public Enterprise Minister Hisham Tawfik told Bloomberg in an interview. Tawfik also the media production […]

Toyota to install a car assembly plant in Côte d’Ivoire

Japan’s car company Toyota will soon set up a car assembly plant in Côte d’Ivoire. This is the purpose of an agreement the company signed Thursday August 29 in Yokohama, Japan, with the Ivorian government. The document was signed by the Ivorian transport minister, Amadou Koné, and the CEO of Toyota, Ichiro Kashitani, on the […]

IMF chief lauds Morocco’s swift earthquake response

Head of the IMF Kristalina Georgieva lauded Morocco’s rapid and efficient response to the earthquake following a visit to the stricken areas. Morocco showed “unmatched solidarity by the King and the people,” said Georgieva at an event marking the launch of an IMF book on Morocco’s growth potential presented at the IMF-WB annual meetings center […]