The Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund (PIF), has signed an agreement with Riyad Bank to acquire a SR500 million ($133.13 million) real estate financing portfolio, reports say. Fabrice Susini, CEO of SRC and Tareq Al-Sadhan, CEO of Riyad Bank signed the deal in the presence of of […]
The world’s leading manufacturer of sensor and communication systems, TE Connectivity, opened its second factory at Tangier Automotive City this week. The new plant will support the company’s commercial and industrial transport solutions in Europe, Africa, and the Middle East (EMEA region). The Suisse-based company, which had a single distribution center in Morocco in 2012, […]
The visit EU Foreign Policy Chief Federica Mogherini is paying to Morocco since Wednesday confirms the depth of the strategic partnership binding the North African country to the European Union as the trip comes after the renewal of the Morocco-EU farm deal, including the Sahara. During her stay, Mogherini will meet several top Moroccan officials. […]
