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Morocco’s Return to AU Will Benefit the Whole of Africa, USA
The United States expressed support to Morocco’s decision to reintegrate the African Union (AU) saying this “reintegration will benefit the whole of Africa.” “We welcome Morocco’s request to reintegrate the African Union,” said Assistant Secretary of State, Tony Blinken, who was last week in Morocco, part of a Maghreb tour that also included Tunisia and […]
Akhannouch Tops Podium of Richest Men in Morocco
Aziz Akhannouch, Agriculture and Fisheries Minister and head of the RNI party, was ranked Morocco’s wealthiest man in Forbes 2018 ranking of World’s Billionaires. Akhannouch, the owner of Akwa group, with a total wealth of $2.2 billion came ahead of his countryman Othman Benjelloun, President of BMCE Bank with $1.7 billion. Akhannouch’s wealth came largely […]
China’s OPPO mulls plans to set up $20m worth smart phone producing factory in Egypt
Chinese consumer electronics manufacturer OPPO is considering setting up a smart phone producing plant in Egypt with a total investment of $20 million, the CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Sunday. The venture Heiba added during a meeting with Prime Minister Mostafa Madbouly will generate 650 jobs. […]



