Safran group, a leader in aircraft equipment manufacturing, has pledged to support and develop further Morocco’s aerospace industry ecosystem which continues to attract foreign investment. Under an agreement signed Wednesday with the Moroccan government, the French company, which designs, develops and manufactures aircraft engines & rocket engines, pledges to support its local suppliers and service […]
Moroccan airports registered 1.85 million passengers in March, up 17.69% compared to the same period last year, Morocco’s airport authority (ONDA) said. The most significant increase was registered in passengers heading to South America, posting a 50.56 percent rise, followed by North America with 28%, ONDA said in a statement. Casablanca airport accounted 40% of […]
The International Monetary Fund (IMF) has announced that it will be holding back on negotiations for the $4,8billion loan to Egypt, because the country’s financial situation is worsening. It has decided to only continue with talks when it receives updated economic information and reform plans from the government. The freezing of negotiations which have been […]
