Business Europe Headlines International Morocco

Spain’s Teknia Bolsters Footprint in Morocco’s Automotive Industry

Spanish car component manufacturer, Teknia Group, has opened a new plant in Tangier to boost its production capacity. The new factory, which replaces an existing plant set up by the group in 2011, is built over a surface area of 2,700 square meters, the Group said in a statement. The Spanish group operates in the […]

Headlines Morocco

Counterterrorism: Another Six ISIS Operatives Nabbed in Morocco

Moroccan authorities announced Wednesday the arrest of six jihadists linked to the ISIS terror group. The busted cell members, aged between 22 and 42, were operating in the city of Tangier, situated in the North of the Kingdom. The arrest was made by the special units of the central bureau of judicial investigation (BCIJ), dubbed […]

Business Europe Headlines International Morocco

French Aircraft Manufacturer Daher Enhances its Presence in Morocco

French aircraft and service maker, Daher, has opened its new plant in Tangier, expanding its production operations in the North African nation. The new site strengthens the company’s position in Morocco as an aircraft manufacturer, equipment supplier and service provider. It follows a first site in Tangier in 2001 and a second in Casablanca in […]

Business Headlines Morocco

Automotive: German Prettl invests in a new factory in Tangier

The German group Prettl specializing in the manufacture of auto parts announced earlier this week the construction of a new industrial site in the ”Automotive City” in Tangier, for an €8 million investment. According to data presented during the groundbreaking ceremony for the new plant, the unit will have an overall production capacity of up […]

Business Energy Headlines Morocco

Siemens Cuts Ribbon of Wind Turbine Blade Factory in Tangier

Siemens has inaugurated the first Turbine Blade Factory in the northern Moroccan city of Tangier that was completed for a total cost of $118 million. Built over a surface area of 37,500 square meters, the new factory is the first of its kind in North Africa and the Middle East and will offer 600 jobs […]

Business Emerging Markets

EBRD Steps Up Cooperation With Morocco To Higher Levels

The European Bank for Reconstruction & Development has enhanced its presence in Morocco with the opening of a second office in the North African Kingdom. The Bank’s first office is based in Casablanca, Morocco’s economic capital, while its 2nd office was opened Wednesday in the Northern city of Tangier. It primary goal is to support […]

Headlines Morocco

Morocco: Italian Magneti Marelli to open shop in Tangier

The Italian car component producer will launch an automotive plant in the city of Tangier for the production of shock-absorbers for car and commercial vehicle. The plant will start production in 2019 and will create up to 500 jobs when in full flesh, by 2025. The project will necessitate a global investment of around 37 […]

Asia Headlines International Morocco

Wanted by ICC, Sudanese President Meets Saudi King in Tangier

In defiance of the International Criminal Court (ICC) indictment, Sudanese President Omar Al Bashir flew on a private visit to Tangier in northern Morocco where he met King Salman of Saudi Arabia, who is holidaying in the city, media reports said. The Sudanese President was accompanied by a delegation of Ministers and was received at […]

Asia Business Finance Headlines International Morocco

Kuwait Funds Second Phase of Morocco’s TGV with 474 million Dirhams

Morocco and the Kuwaiti Fund for Arab Economic Development signed a financing agreement of the second phase of the high-speed train TGV worth 474 million Dirhams. This loan attests to the strong partnership between the two countries and the interest of Kuwait in Morocco’s strategic development projects, said Morocco’s economy and finance minister Mohamed Boussaid […]

Americas Headlines International Morocco

Morocco, US Celebrate 230 Years of Friendship Ties

This week marks the 230 anniversary of the Treaty of Peace and Friendship between Morocco and the United States, said the Moroccan American Center for Policy on behalf of the Government of Morocco. This longest unbroken treaty in the US history testifies to centuries old ties that stretch as far back as 1777, when Morocco […]