Morocco trade minister

Morocco on course to launch crypto assets

Morocco’s central bank has prepared a draft law allowing the use of crypto assets in the country, Central Bank governor Abdellatif Jouahri said. The central bank “with the participation of all stakeholders and the support of the World Bank, has prepared a draft law regulating crypto assets, which is currently in the adoption process,” Jouahri […]

Automotive: Chinese Jiangsu Yunyi Electric Invests $66 Mln in Tangier Factory

Jiangsu Yunyi Electric Company, a high-tech Chinese manufacturer specializing in automotive electronic components, has announced plans to invest $66 million in a production site in Tangier, Morocco’s automotive hub. In a press release, the Company says the Tangier plant will be an important overseas production base, leveraging local resources enhancing Jiangsu’s global competitiveness and medium- […]

Libya: Lufthansa Suspends Flights for Second Time

Germany’s Lufthansa and its subsidiary Austrian Airlines have halted flights to Tripoli due to insecurity in Libya, a spokeswoman said on Tuesday. The decision came as a preventive move to avoid any eventual attack from armed men who have declared European interests, companies and citizens as “enemies.” The company started operations in Libya barely a year ago after […]