Manufacturing Renault’s Morocco plant set to produce hybrid cars in 2024 By Pramod Kumar March 20, 2023, 5:55 AM REUTERS The new production line in the Tangier plant is expected to produce up to 120,000 vehicles French carmaker Renault Group will start production of its first hybrid model, “Dacia Jogger”, at its Tangier plant in northern Morocco in the second quarter of 2024. The new production line is expected to produce up to 120,000 vehicles, Morocco World News reported. Morocco’s Trade and Industry Minister, Ryad Mezzour, said the production “opens the way for Morocco’s automotive ecosystem to new areas with high technological value and high impact for Moroccan skills”. He added the project reinforces Morocco’s industrial ambition to succeed in the transition towards electrification and sustainable mobility. Dacia’s CEO, Denis Le Vot, said that the manufacturing of the Jogger at the Tangier plant will bring additional expertise and a substantial increase in qualifications for all employees. In January, Renault Group Morocco said its two factories produced 350,000 vehicles over 2022, a 15.3 percent increase year-on-year. The Tangier plant reported an 11 percent year-on-year rise to 255,494 vehicles, while the Renault Casablanca plant surged 20 percent year-on-year to 94,524.
Business of Sport Qatar Airways signs $97m deal to sponsor new rugby tournament Qatar Airways has agreed an $97 million deal to sponsor the new World Rugby Nations Championship. The eight-year deal will cover the qualifying matches and finals for the first four editions of the rugby union tournament from 2026 to 2034. The agreement is the biggest title sponsorship in international rugby, according to The Guardian. The […] 4 hours ago
Economy Oman issues $460m in grants to support citizens Oman has provided funding of OR178 million ($460 million) to support more than 100,000 citizens in housing and businesses. Sultan Haitham bin Tariq, in a royal decree marking the fifth anniversary of his accession to the throne, increased the allocation for this year’s housing assistance programme, which provides housing to lower income families. The grants […] 3 hours ago
Employment Saudi Arabia plans cash pay-offs to cut public sector jobs Saudi Arabia is to offer cash incentives to encourage unproductive employees in the public sector to resign in a bid to tackle inefficiency. Saudi newspapers have reported that the government has earmarked nearly 12.7 billion riyals ($3.38 billion) for the three-year plan, which it dubs the ‘Golden Handshake’. While Riyadh has not clarified why it […] 3 hours ago
Logistics Fall of Assad reopens Syria route to Gulf for Turkey’s truckers The overthrow of the Bashar Al-Assad regime is great news for Turkey’s logistics sector, with hopes that the direct land route to the Gulf region through Syria may soon be re-established. While there will be strong demand for logistics in Syria as the country rebuilds after 13 years of civil war, Turkey’s truckers are looking […] 3 hours ago
