Rabat Saint Pierre Cathedral

Dakhla Atlantic port on track for 2029 launch

Construction of Morocco’s Dakhla Atlantique Port has reached 39% completion, with the project expected to be operational by early 2029. Located 40 km north of the southern city of Dakhla, the port is part of a strategy to boost trade and economic development in the southern provinces, the Sahara. The facility is designed to support […]

Ramadan: Egypt unveils EGP 200bn support package to combat rising costs

In a bid to alleviate the burden of rising living costs on citizens, the Egyptian government has announced a substantial EGP 200 billion social support package, which will be implemented during Ramadan and extended into the upcoming fiscal year. Prime Minister Mostafa Madbouly revealed the details of the new initiative on Wednesday February 26, which […]

Lockheed Martin interested in developing Morocco’s defense industry cluster

U.S. defense manufacturer Lockheed Martin has shown interest in Morocco’s investment opportunities offered in the defense industry which has attracted several companies including India’s Tata Advanced Systems, Turkish Baykar, Bluebird Company… A senior Lockheed Martin delegation led by Brig. Gen. Joseph Rank (Ret.), CEO for Africa & Saudi Arabia, visited lately Rabat and Casablanca to […]