morocco-car industry

Morocco recalls its ambassador to Stockholm, summons Sweden’s Chargé d’Affaires in Rabat over burning of the Quran, an offensive and irresponsible act

On the high instructions of King Mohammed VI, Commander of the Faithful, the Chargé d’Affaires of Sweden in Rabat was summoned on Wednesday to the Ministry of Foreign Affairs and Morocco’s ambassador to Stockholm was recalled “for indefinite consultations,” after the Swedish government once again authorized a demonstration during which the Holy Quran was burned […]

US automotive company Adient to set up new plant in Kenitra

US automotive company Adient is set to establish a new production unit for fairings in the industrial zone of Kenitra, western Morocco. The project related agreement was initialed Monday by Moroccan Minister of Industry and Trade, Moulay Hafid Elalamy, and the company’s Executive Vice President EMEA, Michel Berthelin.   The project, requiring a budget of […]

Africa’s recovery and future will take center stage at IMF-WB meeting in Marrakech

There will be “a very strong focus on the African continent” during the annual meeting of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco, in October, IMF’s chief said in a recent interview with CNN, adding that the timing is ripe as countries on the continent grapple with sluggish growth, […]