gender equality

Egypt: reserve recession rate could decline soon

Governor Hisham Ramez of the central bank has said that the foreign cash reserve recession rate may decline by next month. The central earlier on this month announced that the reserves had reached US$13.6 billion, which would amount to a 16-year low, compared to $36 billion on the eve of the 2011 uprising that ousted […]

Morocco to dedicate 1 million additional hectares to cereals

Morocco is set to enhance its food sovereignty by making available an additional million hectares dedicated to cereals, agriculture minister Mohamed Sadiki said. Morocco imports between 3 and 5 million tons of soft wheat depending on its own drought-affected output. This year, Morocco had a below average cereals harvest and is expected to import up […]

Automotive: Stellantis enhances its Presence in Morocco with acquisition of Sopriam

Stellantis, one of the world’s leading automakers, has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group. The initial phase involves immediate majority control, followed by the full acquisition of 100% of shares by early 2025. Stellantis will now directly handle the import and distribution of its Peugeot, Citroën, and DS […]