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Automobile industry: Clayens NP Morocco extends its plant in Mohammedia
Car parts manufacturer Clayens NP Morocco has extended its production plant in Mohammedia, increasing the surface area of the plant by around 70%. The extension project, which required an investment of 73 million dirhams, will create 100 more jobs, bringing the plant’s total human resources to 550 people. It will also generate an additional […]
KSA: BinDawood takes majority stakes in French company Ykone
Saudi Arabian retailer BinDawood Holding has acquired 80.5% stake in Paris-based marketing agency Ykone through its wholly owned subsidiary Future Technology Retail (FTR), Zawya reports. BinDawood Holding in a statement said the transaction is part of the company’s strategy to boost its e-commerce presence. “The Middle East’s influencer marketing industry is growing exponentially. This investment […]
Egypt sets journalists free from pretrial detention
Egyptian authorities released Monday Al-Jazeera journalist, Hesham Abdel Aziz, and journalist Raouf Ebeid from pretrial detention, reports say. Abdel Aziz, a journalist at Al Jazeera Mubasher, was arrested on 20 June 2019 at Cairo International Airport. He was later accused of belonging to a banned group, and remained in custody until December 2019. Aziz’s health […]



