First Independent Mena Newspaper
French company Faurecia, a world leader in car parts manufacturing, is planning to build in Morocco its third plant specialized in car interiors and emissions control devices. The plant will open its doors next year in the coastal city of Kenitra, Faurecia Chief Executive Patrick Koller said in a statement, following the inauguration of the […]
Moroccan automotive industry is gaining momentum and growing at a rapid pace due to incentives and competitive factors attracting more and more investors and makers of car parts. These factors include Morocco’s proximity to European market, modern infrastructures, free trade zones, qualified cheap manpower, open economy and stability. French car manufacturer Peugeot-Citroën has just launched […]
Chariot Oil & Gas announced that it received a 75% stake of the Kenitra offshore exploration permit which together with the neighboring offshore exploration in Mohammedia could contain more than 1 billion barrel. The UK company said its subsidiary Chariot Oil & Gas Investment (Morocco) will carry out the exploration in partnership with Morocco’s Office […]
Morocco’s high-speed rail service, the first in Africa, is expected to be ready in 2018 with the progress of works reaching 85%, local media outlets reported. Operated by the Moroccan National Railways facility (ONCF), the Moroccan TGV will be launched in June 2018 linking at a first phase the cities of Tangier and Kenitra on […]
Moroccan authorities arrested two individuals linked to a recently busted all-female terrorist cell pledging allegiance to Daesh, the Interior Ministry said in a statement. The two suspects were arrested in the southern cities of Tan Tan and Guelmim. Investigations by the Central Bureau of Judicial Investigations show that they were seeking to make explosives through […]
The all-female Islamic State group cell dismantled Monday was planning to stage attacks on October 7, during the legislative elections, head of the Central Bureau of Judicial Investigation (BCIJ), Abdelhak El Khayam told the media. The BCIJ, the judicial arm of the domestic intelligence service, saved the North African country from a carnage. “That operation […]
Moroccan authorities have busted an all-female terrorist cell pledging allegiance to the so-called Daesh, the interior ministry said on Monday. The operation led by Morocco’s Central Bureau of Judicial Investigations (BCIJ) resulted in the arrest of 10 young women, suspected of plotting suicide bombings across the country, the interior ministry said in a statement. The […]
The regions of Casablanca-Settat and Rabat-Salé-Kénitra continue to drive the Moroccan economy making up 48.3% of Morocco’s GDP in 2014, the Higher Planning Commission (HCP) said. The region of Casablanca-Settat accounted for 32% of Morocco’s GDP followed by Rabat-Salé-Kénitra by 16.3%. Five other regions produced 40.3% of Morocco’s GDP. These regions are Tangier-Tétouan-Al Hoceima (9.4%), […]
French Mecaplast, a plastic parts producer and supplier of French PSA Peugeot, announced Wednesday its entry into the Moroccan automobile industry with the launch of a factory near the city of Kenitra, some 40 Km to the north of capital city Rabat. The Monaco-based plastic giant will settle in Morocco near the future plant of […]
Chinese carmaker Yang Tze will establish a factory to produce electrical cars and busses near Tangier for a total investment of 1 billion dirhams ($101.6 million.) This was announced by the Chinese group’s CEO Wu Tian CAI following a meeting in Tangier with the President of the Tangier-Tetuan- Alhuceima region, Ilyas EL Omari. The new […]