Arab League

US pledges to step up Africa investment as Chinese lending slides to 13-year low

Recent visits to Africa by US Treasury Secretary Janet Yellen and US Ambassador to the United Nations Linda Thomas-Greenfield came as a new study by Boston University found China’s overseas investments in the Covid-19 era have slid to a 13-year low. Analysts say Washington is trying to compete with China for influence in Africa, with […]

Morocco committed to developing Southern Provinces – Spanish Think Tank

Morocco has dedicated its “strategic commitment” to the development of its Southern Provinces and has made the promotion of the welfare and economic progress of its Saharan regions a major objective, a Spanish Think-Tank said. According to the Spanish think tank and research center, Coordenadas Institute for Governance and Applied Economics, this objective overlaps with […]

Auto Industry: €50 Mln earmarked for 1st Moroccan car brand for local market

“Neo” is the first Moroccan car brand to be produced for local market with a €50 million investment which will be used for the building of a factory for this project. The announcement has been made by the Minister of Industry & Trade, Ryad Mezzour. He told Saudi newspaper Asharq that the plant is expected […]