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Morocco’s trade deficit eases 12% in May
Morocco’s trade deficit shrunk 12% in May as the coronavirus pandemic reduced demand both for imports and exports, the foreign exchange agency said. The 16.9% drop in imports to $17 billion from January to May came as a result of a fall in all imports except cereals, the agency said. Exports however dwindled 20% to […]
Industrial Drones: Hollyway sets up plant in Morocco
Hollyway, a Singapore-based company specialized in AI-powered smart drone systems for low-altitude industrial applications, has partnered with Morocco’s XAR Aerospace to establish a high-tech factory for manufacturing industrial drones in the North African Kingdom. The factory will produce autonomous industrial drones, leveraging Hollyway’s AI and automation tech alongside XAR’s “Made in Morocco” prototypes. This high-tech […]
Egypt dismisses reports about Israel helping to fight jihadists in Sinai
The army has rejected the New York Times Saturday report that Israel secretly assists with its gunships, unmarked helicopters and drones in the fight against insurgency in Northern Sinai where Egyptian armed forced have been trying to overcome years of terrorist groups’ activities. “Only the Egyptian army is authorized to and does conduct military operations […]



