morocco_algeria _match

Alstom Invests €10.5 million in Morocco over two years

Alstom is investing €10.5 million in Morocco to build a new production line and develop capability in the country to manufacture on board transformers. It will be the second production line at Alstom’s facility in Fez, which currently produces harnesses and electrical cabinets for rail and take up about 13,000 m2 of the facility and […]

Tunisia Gets €200 Million Loan from EU

Tunisia will get €200 million loan from the European Union, part of the second Macro-Financial Assistance (MFA-II) program to the North African country. The disbursement of the loan was approved Monday by The European Commission, said a EU press release, adding that a total of €500 million will be disbursed in three instalments in 2017 […]

Will Moroccan banks & businesses suspend operations in Tunisia over Sahara ?

Several experts wonder whether Moroccan banks and businesses operating in Tunisia will leave or halt operations in response to President Kais Saied’s premeditated, hostile and unjustified provocative action against Morocco. It is inconceivable that Moroccan financial and services companies, which employ thousands of people in Tunisia, will continue making business as usual amid a serious […]