Leading Japanese car part maker, JTEKT, will set up a plant worth €15 million in Tangier, an investment that will further bolster the automotive ecosystem in the country. The factory is scheduled to start producing car steering systems and drive parts in 2018, the Tanger-Med Port announced in a statement. The plant, to be built […]
The Mohammed VI Champions Cup, suspended owing to the covid-19 pandemic, will return to action on Dec. 30 with the second leg of the first semi-final opposing Morocco’s Raja Casablanca and Egypt’s Ismaily. Ismaily beat Raja in February in Egypt but the tournament was shelved due to travel restrictions because of the pandemic. The […]
Central Bank of Somalia (CBS) has recently granted its first two foreign banking licenses — to Turkey’s Ziraat Katılım bank and Egypt’s Banque Misr — in decades as the country seeks to rebuild its financial sector and attract international investment. Both state-owned financial institutions were approved by Somalia’s central bank at the start of July. […]
