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Morocco aims to build on its strengthened automotive approach to increase its electric vehicle production capacity by 53%. Morocco’s Minister of Industry, Ryad Mezzour, announced the news on Tuesday, noting that the country’s goal is to increase production to reach 107,000 electric vehicles by the end of 2025.

Morocco to Increase EVM Production by 53%

(2 Minutes Read) Morocco’s automotive production stands at 700,000 vehicles. By the end of the year, Morocco is expected to produce one million vehicles. Morocco aims...
Italian ‘Snam’ Latch on to SoutH2 for a Foothold in the European Green Hydrogen Market

Italian ‘Snam’ Latch on to SoutH2 for a Foothold in the European Green Hydrogen...

(3 Minutes Read) Italian natural gas transmission and distribution company Snam says it is ‘concentrating its efforts’ on completing the SoutH2 corridor, which represents an...
Egypt Revitalizes IPO Market with USD 110 mn United Bank Sale After Three-Year Hiatus

Egypt Revitalizes IPO Market with USD 110 mn United Bank Sale After Three-Year Hiatus

(3 Minutes Read)   Egypt has launched the sale of a stake worth up to USD 110 million in United Bank, marking the country’s first...
President Sisi stressed the need to enhance internet services and communications infrastructure across the country, ensuring high-quality, efficient access for all citizens

Sisi Pitches for Attracting More Investments

(3 Minutes Read) President Sisi stressed the need to enhance internet services and communications infrastructure across the country, ensuring high-quality, efficient access for all citizens Egyptian...
Egypt Holds Extensive Discussions with Goldman Sachs

Egypt Holds Extensive Discussions with Goldman Sachs

(3 Minutes Read) El-Khatib emphasized that Egypt was one of the most competitive markets in Africa, leveraging its advanced infrastructure and strategic geographic location as...
Suez Canal Faces USD 800 Million Monthly Revenue Hit Due to Red Sea Disruptions

Suez Canal Faces USD 800 Million Monthly Revenue Hit Due to Red Sea Disruptions

(3 Minutes Read) Egyptian President Abdel Fattah al-Sisi has stated that the Suez Canal is facing monthly revenue losses of about USD 800 million due...
The five embassies emphasized their support for the Audit Bureau’s work, considering it an essential part of the Libyan state that helps strengthen international confidence in Libya, according to the statement.

US, UK, Italy, France, and Germany Extends Support to Libyan Audit Bureau

(3 Minutes Read) The five embassies emphasized their support for the Audit Bureau’s work, considering it an essential part of the Libyan state that helps...
Egypt’s Ambassador to the Czech Republic, Mahmoud Afifi, met with the President of the Czech Chamber of Commerce, Zdeněk Zajíček, to discuss ways to boost trade exchange and create new export opportunities for Egyptian products in the Czech market. Afifi outlined the key steps taken by the Egyptian government to improve the investment climate and attract foreign capital.

Egypt and the Czech Chamber to Get Engaged to Enhance Bilateral Trade and Investment

(3 Minutes Read) The ambassador stressed the importance of building on the current growth in trade volume between the two countries and maintaining the momentum...
The Tripoli-based Undersecretary General of the Ministry of Agriculture and Livestock paid an official visit to South Korea from 11 to 17 May 2025. The visit aimed to enhance cooperation and exchange experiences between Libya and Korea in various fields.‎

Tripoli to Develop Business Exchanges with South Korea: Senior Official  Visits South Korea

(3 Minutes Read) The visit included several important technical meetings, the most prominent of which ‎‎was the meeting held at the headquarters of the Korean...
Casablanca remains the undisputed center of Morocco’s startup activity. The city jumped 42 positions to rank 317th globally

Morocco’s Startup Ecosystem Picks Up

(3 Minutes Read) Casablanca remains the undisputed center of Morocco’s startup activity. The city jumped 42 positions to rank 317th globally, with an impressive growth...

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