German FM in Egypt

Kuwait: No Plan to Back Turkish Lira with $1.6bn

Kuwait Monday dismissed reports that it has planned to inject $1.6 billion into the Turkish plummeting Lira which lost 40 per cent of its value against the US dollar amid the ongoing diplomatic crisis between Ankara and Washington. Kuwaiti Finance Minister Nayef Al-Hajraf discussed with his Turkish counterpart Berat Albayrak Turkey’s economic situation on Sunday […]

US automotive company Adient to set up new plant in Kenitra

US automotive company Adient is set to establish a new production unit for fairings in the industrial zone of Kenitra, western Morocco. The project related agreement was initialed Monday by Moroccan Minister of Industry and Trade, Moulay Hafid Elalamy, and the company’s Executive Vice President EMEA, Michel Berthelin.   The project, requiring a budget of […]

Morocco Hosts Africa Renewable Energy Forum Nov.30-Dec.1st

Morocco’s economic capital will host Africa Renewable Energy Forum (ARF), November 30-December 1, that will discuss cooperation between public and private sector to drive forward the development of renewable energy projects across the continent. The event will bring together African Energy Ministers and government representatives, heads of utilities, regulators and national agencies, leading investors, power […]