The EU has pledged 190 million euros in a new financial contribution to Morocco’s post-quake reconstruction efforts. An agreement was signed in that respect by the EU’s commissioner for the neighborhood Olivér Várhelyi and minister in charge of the budget Fouzi Lekjaa. The Commissioner said the EU has injected 5 billion euros in the Moroccan […]
Tunisia incurred financial losses exceeding one billion dinars last year across 11 public institutions and companies, according to an official audit report. The Tunisian Court of Auditors released its annual report last week, uncovering widespread financial irregularities and governance lapses. The audit estimates total losses at about 1.07 billion dinars, with the national airline Tunisair […]
Morocco’s automotive industry is the most attractive market in the MENA region for production opportunities, said Fitch Solutions Foundation in its latest report. “Morocco is the top ranked MENA market in our Autos Production Risk/Reward Index, thanks to a robust outlook for production growth, low labor costs and positive industry policy”, added the Fitch think-thank, […]
