obama-mena

Japan’s Yokogawa opens subsidiary in Morocco

Japanese electrical and industrial automation company Yokogawa opened its African subsidiary in Casablanca in a bid to expand in Morocco and the continent.   In Morocco, the company targets industrial clients in the fields of energy and chemical, pharmaceutical, agri-food industries as well as waste and sewage water treatment.   The group generates a turnover […]

IMF highlights resilience of Moroccan economy against external shocks

The IMF welcomed the resilience of the Moroccan economy in 2023 despite external shocks and drought, noting that growth should improve to 3.5% in the medium term. “Economic growth has strengthened in 2023 thanks to the recovery in domestic demand and buoyant exports,” the IMF said in a statement the end of its Article IV […]

Libya: Serraj warns against export of Gulf crisis to Libya

Head of the UN-backed Government of National Accord (GNA) Monday expressed fears that Libya could become a terrain of proxy war between Qatar and its neighbors, locked up in close to a two-year old diplomatic crisis. Fayez Serraj made the warning in an interview with Bloomberg at a time the military campaign against Tripoli launched […]