Finance ministry

Automotive Industry: Japanese JTEKT Inaugurates Steering Systems Factory in Tangier

Leading Japanese car parts maker, JTEKT, has inaugurated this Wednesday Oct.9 in the Tangier Automative City Zone its new steering systems production factory, worth $22.7 million.   Executive Director of JTEKT Corporation, Hirofumi Matsuoka, said at the inauguration ceremony that this new plant in Tangier is JTEKT’s first industrial site on the African continent.   […]

EBRD to Launch Women Business Program in Morocco

The European Bank for Reconstruction & Development (EBRD), backed by the EU, will launch its Women’s Business Program in Morocco Sept.18. This initiative encourages women entrepreneurship for inclusive growth and supports women entrepreneurs looking for adequate access to finance and business training. EBRD works with women-led small and medium-sized enterprises (SMEs) to help promote women’s […]

Morocco reportedly in quest to strengthen naval capabilities with submarines

Morocco is reportedly in talks to acquire its first submarines, a move that would mark a historic shift in its naval doctrine and significantly enhance its maritime defense capabilities, Global Defense News said. The initiative comes amid rising regional competition and reflects Rabat’s ambition to modernize its military and assert greater control over its strategic […]