Automotive industry: Turkish Martur Fompak injects over $35 million in new factory in Tangier

Turkish automotive supplier Martur Fompak International inaugurated an industrial plant on Tuesday, March 1 in Tangier Automotive City.   Built over 38,487 m², the plant required an investment of more than $35.6 million (340 million dirhams) and will allow the creation of 1,150 jobs.   Located in one of Morocco’s biggest industrial zones, the factory […]

China’s PLA navy increases African port calls in bid to cement Beijing’s diplomatic ties

China’s 45th naval fleet has in recent weeks visited Tanzania, Mozambique and Madagascar in what experts say is Beijing’s show of force designed to help cement the Asian powerhouse’s diplomatic ties in Africa. After the People’s Liberation Army’s (PLA) Navy stopped many of its African port visits during the Covid-19 pandemic, it has now begun […]

Israel: Leviathan gas deal approved amidst criticisms

The Israeli cabinet approved the deal signed between Israel and a consortium including U.S. firm Noble Energy on the production of natural gas at the offshore Leviathan field located in the Mediterranean amid criticisms that it is detrimental to the interest of the average Israeli citizen because the conditions of the deal do not encourage […]