Egyptian veteran diplomat, Ahmed Aboul Gheit, was elected Thursday as the next Secretary General of the Arab League. Ahmed Aboul Gheit was the only contender for the post and was highly expected to win votes of the 22 members of the organization. Egypt traditionally nominates the League’s chief. Even though the election was a vote […]
Airbus, the world’s biggest plane-maker, confirmed this Monday the acquisition of Spirit AeroSystems industrial assets dedicated to its commercial aircraft programs including the Casablanca production site. Under terms of the agreement signed between the two parties, Airbus will take ownership of the facilities that produce fuselage sections, wings, and other components. The deal includes the […]
Morocco’s central bank revised upwards Morocco’s economic growth to 5.3% in 2021 citing the beginning of the end of the health crisis with the roll out of the vaccination campaign and a better crop year. The bank said growth will pick up from a contraction of 7% last year under the combined effect of drought […]
