Algeria oil facility

Chinese Citic Dicastal Group sets up second plant in Kénitra

The Chinese group Citic Dicastal, world leader specializing in aluminum casting and in the production of aluminum automotive parts, inaugurated, on Saturday in Kénitra, the second production plant for aluminum rims for a total investment of €350 million. This new plant, whose construction works were launched in November 2019, will double the annual production capacity […]

Somalia disrupts terror financing networks in major security offensive

Somalia has intensified its campaign against terrorism financing, taking decisive action to dismantle the financial infrastructure sustaining extremist group Al-Shabaab. The National Committee for Combating Money Laundering and Countering the Financing of Terrorism (AML/CFT), led by Finance Minister Bihi Iman Egeh, reported the deactivation of 575 mobile lines and the freezing of 21 bank accounts […]

Aeronautics: Pratt & Whitney Canada Opens New Plant in Morocco Specializing in Aircraft Engine Parts

Pratt & Whitney Canada opened on Tuesday a new manufacturing facility in Morocco’s Nouaceur’s Midparc Industrial Zone which is attracting a growing number of investors and major players in the global aerospace industry. The new production site is expected to create approximately 200 new jobs by 2030 and add critical production capacity to support Pratt […]