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Egypt to create 12 investment zones – Minister

Egyptian Minister of Investments and International Cooperation Sahar Nasr has announced a government plan to establish about 12 investment zones in the North African nation. According to the minister, the 12 investment zones will attract investments worth LE78 billion and create 500,000 direct and indirect jobs. The minister made the announcement at the signing of […]

Japan’s Yazaki Group to expand in Morocco with a fourth factory

Global automotive parts supplier Yazaki is planning to open a new plant in Morocco in January 2020. This plant, Yazaki’s fourth in the kingdom, will be set up in Kenitra, some 40 km to the north of Rabat, and will start operating in January 2020, says L’Economiste daily. The facility will employ 2,500 people, bringing […]

Morocco Submits Ratification of Paris Agreement to the UN General Assembly

Morocco has submitted its ratification documents of the Paris Agreement to the UN general assembly in New York, thus joining the 60 other countries that have adhered to the climate deal. In a comment on this ratification, Morocco’s foreign minister Salaheddine Mezouar, who is also the COP22 president, said Morocco’s adherence to the Paris agreement […]