Keywords: Manufacturing


Envision Energy and ACWA Power forge seven-year green energy pact

Envision Energy, a frontrunner in sustainable technology, has signed a seven-year Framework Agreement with ACWA Power, the world's top private desalination firm and a key player in energy shifts toward renewables and green hydrogen. The deal sets the stage for joint ventures in Saudi Arabia, Uzbekistan,......

WAM Morocco debuts to drive Africa’s industrial transformation

The World Advanced Manufacturing & Future Mobility Exhibition (WAM Morocco) is set to debut in Casablanca from January 20 to 22, marking a significant milestone as the region’s first Industry 4.0-focused platform. Dedicated to advanced and intelligent manufacturing, future mobility, industrial......

Emerging markets hit record highs amid Venezuela crisis

Emerging market stocks surged to unprecedented levels on Monday and Tuesday, defying expectations as investors brushed aside the geopolitical storm from the U.S. military's capture of Venezuelan President Nicolás Maduro and instead bet on artificial intelligence momentum and a weakening U.S.......

Chinese Group sunrise launches textile factory project in Fez with 1.4 billion MAD investment

The Chinese industrial giant Sunrise has announced the launch of a new textile factory in Fez, Morocco, through its subsidiary Euwen Textile. The project, located in the Bensouda industrial zone, represents an investment of 1.4 billion Moroccan dirhams (MAD) and is scheduled for completion in the third......

China’s industrial profits slide as deflation weighs on recovery

China’s industrial sector saw a sharp drop in profits in November, reflecting persistent deflationary pressures and weakening domestic demand that continue to challenge the country’s post-pandemic recovery. Official data showed that profits for major industrial firms fell 13.1% year-on-year......

Solar power advances industrial decarbonation at Aïn Harrouda plant

Lesieur Cristal has commissioned a photovoltaic power plant with a capacity of 2 megawatts at its industrial facility in Aïn Harrouda. The project marks a concrete step in the company’s energy transition strategy and signals a deeper integration of renewable energy within Morocco’s agri......

Taiwan stands firm on keeping next-generation chip production at home

Taiwan has reiterated its determination to keep the most advanced semiconductor production within its borders, rejecting mounting calls from the United States to relocate part of its top-tier manufacturing abroad. Officials in Taipei argue that maintaining chip production domestically is essential to......

Renault considers new electric vehicle plant in Morocco

Renault is exploring the possibility of establishing an electric vehicle production plant in Morocco, with the upcoming Nador West Med port being evaluated as a potential location. The port, slated to open in 2026, has recently been confirmed on schedule by Morocco's Minister of Equipment, Nizar......

Airbus expands manufacturing footprint with acquisition of Spirit AeroSystems Casablanca site

Airbus has finalized the acquisition of Spirit AeroSystems’ Casablanca facility, marking a significant step in consolidating its global supply chain. Announced on Monday, the deal highlights Airbus’s commitment to Morocco as a “key country” for expanding its aviation manufacturing......