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Moroccan-German cooperation discussed in Berlin
Ways of promoting cooperation between Morocco and Germany were discussed at a meeting that gathered in Berlin this Sunday Head of Government Aziz Akhannouch and German Chancellor Olaf Scholz. The meeting provided an opportunity to exchange views on several issues of common interest, and to examine possible ways of upgrading economic and commercial partnerships. During […]
Egypt: Dwindling reserves leading to Pound devaluation
The devaluation of the Egyptian pound seems more and more probable after foreign reserves dropped for the third consecutive month, as shown by the Central Bank data. The foreign reserves have fallen from $20 billion in June to $16 billion in September according to the central bank. The current amount could cover only 3.3 months […]
Morocco launches factory for electric battery materials
Morocco has entered the global electric vehicle supply chain with COBCO’s inauguration of a 20-billion-dirham factory at Jorf Lasfar on June 25, marking the kingdom’s strategic leap into green technology manufacturing. The facility, spanning 238 hectares, represents a joint venture between Moroccan Africa-oriented investment fund Al Mada and Chinese giant CNGR Advanced Materials. As the […]



