Mohammed-VI Moulay Hassan

Resilience through tough times: East Africa’s economic recovery hindered by debt and deficits

The economies of East Africa face rather bleak prospects for growth this year because of the increasing risk of debt distress, widening fiscal and current deficits and limited economic diversification plans, according to the latest forecast by the African Development Bank (AfDB). The AfDB forecasts the region’s GDP at 4% this year, before recovering to […]

Morocco’s Automotive Industry Receives Boost from South Korea’s Wheel Manufacturer

South Korean wheel manufacturer, Hands Corporation, will soon operate a factory worth 4.33 billion dirhams ($472 million) in Tangier. A ceremony marking the launch of construction works of the new plant was attended by Morocco’s Industry and Investment Minister Moulay Hafid Elalamy who said that the 23 hectare-factory will create 1300 direct jobs and will […]

Forbes: 7 Moroccans Listed among 100 Power Businesswomen in Middle East

Seven Moroccan women have been listed by Forbes Mazagine among the Middle-East’s 100 power businesswomen. They have worked their way up during their professional career to reach the top of their professions. The seven Moroccan women cited in the Forbes 2020 listing are Nezha Hayat, Head of Morocco’s capital market authority (ranked 7th), Laila Mamou, […]