moroccan onee-afdb – financing agreement

Wind Turbine Blades: Chinese Ailong Technology to open its 1st overseas plant in Morocco

Ailong Technology, a Chinese company specializing in wind turbine blade manufacturing, is preparing to open its first overseas factory in Nador, Northeastern Morocco, according to press reports. The $340 million plant, located in the industrial zone near the Nador West Mediterranean port, has been built over a 50-hectare area. This project, which is expected to […]

IMF Slightly Upgrades Growth Forecast for MENA Region

The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa on the backdrop of a slight increase in oil prices, but maintained its cautious outlook for Saudi Arabia. The Washington-based Fund said in its July 2016 World Economic Update report that the Middle East, along with Pakistan and […]

Supporter of ex-President Abdelaziz wields armed uprising against incumbent leader

Sidi Ali Ould Mbeirick, a Mauritanian political activist in exile and loyalist of former President Mohamed Ould Abdelaziz, has vowed to engage in an armed confrontation with the country’s incumbent leader Mohamed Ould Ghazouani, if he persists in prosecuting and torturing the former leader currently facing justice. Mbeirick made the announcement on the sidelines of […]