WB president David-Malpass

PSA to step up production to 200,000 cars annually in Morocco plant

French carmaker PSA plans to speed up production at its Kenitra plant to hit the annual target of 200,000 vehicles by next September. PSA has withstood the coronavirus crisis posting sales higher than last year and taking up 46% market share in the region. Sales improved in key markets such as Turkey by 5.4%; 3.9% […]

Morocco advances domestic commerce modernization strategy with digital integration

Morocco’s domestic commerce sector participated in comprehensive discussions at Maamora near Salé, bringing together merchants, federations, professional associations, and private operators to address structural challenges within this essential economic sector. The gathering focused on formalizing retail operations while advancing digital integration across small-scale commerce, reported L’Economiste daily this Wednesday. Industry and Commerce Minister Ryad Mezzour […]

Libya, Venezuela Lose UN Vote Due to Unpaid Contributions

The UN has denied Venezuela and Libya the right to vote because of millions of dollars of upaid dues to the world body. The two countries lose the right to vote in the 193-member global organization for the third consecutive time. According to a letter from Guterres to the Assembly president, Venezuela must pay a […]