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Tire Industry: Chinese Qingdao to Build $297 Mln Plant in Morocco
Qingdao Sentury Tire Company is planning to build a $297 million radial tires manufacturing plant in Morocco’s northern city of tangier. The new investment shows that Morocco continues to attract foreign investors due to its political stability, geostrategic position, skilled manpower, connectivity and proximity to European, Mideastern and African markets. The Tangier tire factory will […]
Morocco’s presidency of the IAEA General Conference reflects Kingdom’s commitment to world peace
The Director General of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, has congratulated Morocco for its election to the presidency of the 64th General Conference of the Agency, and underlined that this election reflects the constructive commitment of the Kingdom to peace in the world. “The election of Morocco, an African country which […]
Algeria: $58 billion of Foreign Exchange Reserves Lost in 2 Years
Collapse of oil revenues and sharp increase in importations have caused a huge dent in Algeria’s foreign reserves with figures pointing at $58 billion loss since 2014; year of exceptional growth, the country’s Prime Minister said on Sunday. Prime Minister Abdelmalek Sellal at a tripartite meeting including government, worker’s syndicate and employers, indicated that Algeria […]



