Tag: Auto Industry
Business Headlines Morocco

Attijariwafa Bank and AMICA Sign Strategic Partnership for Auto Industry

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Attijariwafa bank and the Moroccan Association for the Automotive Industry and Trade (AMICA) have signed a strategic partnership agreement aimed at strengthening financial and operational support for companies within the kingdom’s automotive ecosystem. The accord was formalized on the sidelines of the Industrial Automotive Competitiveness Show in Kénitra last week. The agreement was signed by […]
Business Emerging Markets Headlines Morocco

Auto Industry: €50 Mln earmarked for 1st Moroccan car brand for local market

North Africa PostComments Off on Auto Industry: €50 Mln earmarked for 1st Moroccan car brand for local market

“Neo” is the first Moroccan car brand to be produced for local market with a €50 million investment which will be used for the building of a factory for this project. The announcement has been made by the Minister of Industry & Trade, Ryad Mezzour. He told Saudi newspaper Asharq that the plant is expected […]