t90-tanks

New York hosts Morocco-US investment summit

New York has hosted on Friday the Morocco-US investment summit. The event featured several sectoral panels that discussed investment opportunities in Morocco, with focus on the Kingdom’s southern provinces, especially in the financial and infrastructure sectors. The investment meeting, organized by the Regional Council of Dakhla Oued Eddahab in partnership with the Moroccan Ministry of […]

STELLANTIS DOUBLES DOWN ON MOROCCO WITH 1.2 BILLION EURO KENITRA EXPANSION

Automotive giant Stellantis has inaugurated a major expansion of its Kenitra manufacturing facility, investing 1.2 billion euros to double production capacity and achieve 75 percent local integration by 2030, reinforcing Morocco’s position as Africa’s leading automotive hub. Prime Minister Aziz Akhannouch, who officiated the July 16 ceremony, emphasized that the project embodies Morocco’s New Investment […]

Algeria: Sonatrach and Fenosa finalise deal

Companies from the two sides of the Mediterranean have agreed to pen a deal valid for almost two decades. Spain’s Gas Natural Fenosa was a signatory to the deal with Algeria’s Sonatrach for 800mn m³/year of gas for a period of 18 years and for a 10% stake in the 8bn m³/yr in the Medgaz […]