Morocco celebrates automotive sector achievements

Morocco has achieved two years ahead in 2018 the goals it pinned on the automotive industry, notably in terms of turnover, exports, local sourcing and jobs. Thanks to an ambitious industrial acceleration plan that spurred public-private partnership and encouraged investments by global suppliers, Morocco’s automotive industry achieved the goals set for 2020 two years ahead, […]

African govt’s to open aviation markets to address poor intra-African air connectivity

It’s high time to address the ‘embarrassingly low’ level of intra-African air connectivity which is depriving the continent and its people from reaching their full potential, an airline body chief has said. Addressing the recent annual general assembly of the Airlines Association of Southern Africa (AASA) that was held in Luanda in Angola, the airline […]

National Bank of Oman to exit from Egypt in Q1 2020

National Bank of Oman, NBO, will cease operations in Egypt early next year at the decision of the board of directors. The NBO, registered on the Muscat Securities Market (MSM), has received approval to wrap up activities in Egypt, Mubasher reports. The outlet, citing bourse sources, notes that the closure will take place in Q1 […]