egypt-suez

Safran expands its aircraft nacelle production in Morocco to meet growing demand

Safran Aerospace group has extended its aircraft nacelles production site in Casablanca. The 6,000 m2 expansion will enable the group to step up the production of the high-end Gulfstream G700/G800 business aircraft nacelles. Safran has invested €11 million in the site, which integrates the highest standards in the aviation industry. It thus becomes Safran’s reference […]

Kuwait ruler dissolves parliament as PM presents new Cabinet team

Kuwait’s Emir on Tuesday issued a decree to dissolve parliament while Crown Prince Meshal Al-Sabah was presented a new Cabinet team by Prime Minister Ahmed Nawaf Al-Ahmad. Meshal Al-Ahmad Al-Jaber Al-Sabah, Kuwait News Agency (KUNA) reported, said the dissolution of parliament came “because of practices and actions that threaten national unity.” The date of the […]

EBRD Supports Morocco’s Water Conservation Efforts with €150 Mln funding

The European Bank for Reconstruction and Development (EBRD) provides Morocco a €150 million loan to finance the third phase of Saïss Water Conservation Program. The package also includes a $7.5 million grant from the UK under the EBRD’s High-Impact Partnership for Climate Action (HIPCA) multi-donor fund. Recognising the project’s strategic importance for Morocco, the Bank […]