Morocco defense industry: creation of company to produce components of WhAP 8×8 armored vehicle

Morocco’s defense industry is gaining momentum with the establishment of a local company dedicated to the production of components for the WhAP 8×8 armored vehicle in collaboration with India’s Tata Advanced Systems. Based in Casablanca, Metlonics Morocco SARLAU will produce essential parts for the WhAP 8×8 armored vehicles designed for the Royal Moroccan Armed Forces. […]

Saudi Tamer Healthcare company near acquisition of 30 per cent of Egypt’s UCP

Tamer Healthcare, Saudi leading healthcare and wellness group, is close to getting 30 per cent of shares of Egyptian United Company of Pharmacists (UCP) for a transaction estimated at $35 million, reports say. The US-based AmerisourceBergen is relinquishing 30 per cent of its 50 per cent of UCP to Tamer, a source told Asharq Business, […]

Business Meeting in Valencia Highlights Investment Opportunities in Morocco

A business forum held on Monday in Valencia showcased the investment opportunities available in Morocco and highlighted the structural reforms undertaken by the Kingdom to improve the business climate and enhance its attractiveness to foreign investors. The event, held under the theme “Exploring Morocco: Keys to Investing and Growing in Africa from Valencia,” was organized […]