Category: Business

Morocco on track to produce drones

November 14, 2022

As part of its defense industry strategy, Morocco is on track to produce reconnaissance and combat drones in partnership with Israel, according to a parliamentary ... Read More

EU to grant Tunisia €100m to weather pandemic-related impacts

November 14, 2022

The European Union, EU, is set to grant Tunisia €100 million earmarked to help the North African country surf the impacts of the pandemic and ... Read More

Egypt applies to join Shanghai-based New Development Bank

November 14, 2022

Egypt has reached a deal with Shanghai-headquartered New Development Bank (NDB) to join the financial institution whose strategy the Arab country says is in line ... Read More

Kenya, South Africa mulling plan to launch continental airline

November 14, 2022

Kenya Airways (KQ) and South African Airways (SA) are collaborating to form a pan-African airline, Zawya reports citing Kenyan Wall Street Exchange. Leaders of both ... Read More

Moroccan-Spanish industrial & trade cooperation reviewed in Madrid

November 12, 2022

Prospects for bolstering industrial and trade cooperation between Morocco and Spain were reviewed at a meeting in Madrid Friday that brought together the two countries’ ... Read More

Pharmaceutical giants to leave cash-strapped Tunisia

November 12, 2022

Three pharmaceutical giants are about to put an end to their investments in Tunisia, in a series of bad economic news that continued to flow ... Read More

Mineral-rich Congo poised to become leading fertilizer hub

November 12, 2022

Strategically located Democratic Republic of Congo (DRC), which is endowed with the key required raw materials, is poised to be a world leader in fertilizer ... Read More

Moroccan lower house approves 2023 budget bill

November 11, 2022

Moroccan MPs gave go-ahead to the 2023 budget law that aims to foster the well-fare state, cut the fiscal deficit and promote investment in a ... Read More

OECD report highlights Morocco’s progress in tax transparency

November 11, 2022

A report by the Organization for Economic Cooperation and Development (OECD), published this week, highlighted the efforts and progress made by Morocco in tax transparency. ... Read More

Morocco’s automotive industry attracts over €300 Mln new investment

November 10, 2022

Stellantis group, one of the world’s leading automakers, announced on Wednesday a new investment of over €300 million in its Kenitra manufacturing facility aimed at ... Read More