Keywords: PRODUCTION
Morocco is set to bolster its aerospace sector with plans to produce its first aircraft engine by 2027 or 2028, marking a significant milestone in the country’s industrial development. Minister of Industry Ryad Mezzour attributed this advancement to King Mohammed VI’s vision and Morocco’s......
Canada announced on Thursday it will cut duty-free import quotas for General Motors (GM) and Stellantis by up to 50%, escalating tensions in the North American automotive trade dispute triggered by former President Donald Trump’s tariffs. The decision is a response to both automakers scaling back......
A surge in artificial intelligence (AI) investments has triggered a global shortage of conventional memory chips, disrupting supply chains and driving up prices across the tech industry. The shift to high-bandwidth memory (HBM) chips, critical for AI workloads, has left manufacturers struggling to meet......
Morocco has taken a significant step toward becoming a global aerospace powerhouse with the inauguration of Safran’s new aircraft engine complex in Nouaceur. Presided over by His Majesty King Mohammed VI, the event marks the country's entrance into the elite group of nations capable of producing......
Tesla has suspended mass production of its humanoid robot, Optimus, after engineers identified critical design flaws in the robot’s hands and arms, components essential for performing precise, real-world tasks. According to TechSpot, the company has temporarily halted rollout plans to redesign......
Morocco, often called “an automotive giant,” has made the vehicle and components industry a major strategic axis of its economic development, according to the French financial daily La Tribune. Renault is the leading automotive producer in Morocco, manufacturing 413,600 units last year at......
INNOVX has secured $110 million in financing from Bank of Africa to support the development of its subsidiary, Fluoralpha, which is spearheading a groundbreaking project in Jorf Lasfar, Morocco. This initiative focuses on recovering fluorine from Moroccan phosphate rocks, reinforcing Morocco’s......
Morocco is on track for a record-breaking olive harvest this year, offering relief to consumers after a challenging season that saw olive oil prices soar to unprecedented levels. Producers forecast that the country’s olive oil output could more than double, significantly easing market pressures. Record......
China’s economic momentum weakened in August as both industrial output and retail sales grew at a slower pace than expected, according to official data released on Monday. The figures highlight the persistent challenges facing the world’s second-largest economy. Industrial production rose......
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