Tunisia_Loans

New study estimates Morocco earthquake damage at $300mln

A new assessment by the Policy Center for The New South put the material damage of Sept 8 earthquake at 3 billion dirhams ($300 million), accounting for nearly 0.2% of Morocco’s GDP. The quake which hit vast swathes in the High Atlas mountains killed 3000 people and damaged 59,674 buildings, of which 32% were destroyed […]

UN Sahara Envoy Says he is “Encouraged” following Meeting with Security Council Members

The Personal Envoy of the UN Secretary General for the Sahara, Horst Koehler, said following a meeting with the members of the UN Security Council on his recent tour in the region that he is “encouraged” Kohler expressed his optimism to the press following a three-hour consultation with the UNSC members behind closed doors, but […]

Safran Electronics & Defense Breaks Ground on 350 Million Dirham Expansion at Nouaceur

Safran Electronics & Defense, a subsidiary of the French Safran group, launched construction on Wednesday of a major extension of its industrial site in Nouaceur, in a ceremony attended by Morocco’s Minister of Industry and Trade, Ryad Mezzour, the President of Safran Electronics & Defense, Franck Saudo, the site’s Director General Laurent Figari, the Governor […]