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Morocco-Japan Ink Three Cooperation Agreements
Morocco and Japan have signed three agreements during the 5th session of their joint commission, held this Wednesday, Jan.8,in Rabat. The agreements include a convention on non-double taxation; an agreement on the protection and promotion of investments; and an agreement in the form of an Exchange of Notes under which Japan will donate a batch […]
Wafa Assurance launches $100 mln bid to acquire Egypt’s Delta Insurance
Wafa Assurance, one of Morocco’s leading insurance companies, has launched a public takeover bid (OPA) worth 925 million dirhams or $100 million to acquire a controlling stake in Delta Insurance S.A.E., a prominent Egyptian insurer. The bid, filed with Egypt’s Financial Regulatory Authority (FRA) on June 10, targets at least an acquisition threshold of 51%, […]
French automaker PSA, Moroccan gov’t seal technology transfer deal
French carmaker PSA and Morocco’s car technology industry center (CETIEV) joined efforts to boost research and development in the country, a move that would result in technology transfer. Key to Morocco’s industrial strategy is technology transfer through attracting large-scale investments that spur the growth of local suppliers in order to increase the rate of locally […]



