Morocco recorded a dramatic 63% increase in foreign direct investment during the first quarter of 2025, signaling robust investor confidence in the kingdom’s industrial transformation and strategic positioning as a nearshoring hub for European markets. According to Investment Minister Karim Zidan, Morocco attracted over 9.15 billion dirhams ($992 million) in net FDI flows by March […]
The Tripoli-based government has targeted militants of the Islamic State group in Sirte in airstrikes and eyewitnesses have stated that the militants were hit. Defense ministry spokesman Mohamed Abdulkafi confirmed the attack and explained that “warplanes of the air force of the National Salvation government conducted air strikes last night on an internal security building […]
French car manufacturer has unveiled plans to assemble its latest pick-up truck model in Tunisia. This project, which will give a boost to Tunisia’s automotive industry, marks Peugeot’s return to the country following a 25-year absence. The €10.2m new assembly facilities, which will be built in Mghira and Sfax, will be operational 2018. The firm […]
