MOROCCO’s Aviation Sector Rockets to 5th Globally, Leads Africa 2024

After just twenty years in aviation manufacturing, Morocco has outpaced all African nations to become the continent’s primary supplier of aircraft parts.

Morocco’s aviation manufacturing sector is concluding 2024 with unprecedented growth, as exports surged 17.3% to reach MAD 21.86 billion ($2.1 billion) in the first ten months, surpassing the entire previous year’s record of MAD 21.85 billion.

The North African country has solidified its position as Africa’s primary aviation equipment and spare parts manufacturer, ranking fifth globally among the most dynamic countries in the aviation sector, according to Afaf Saïdi, Director of Aviation, Railway, Naval Industries and Renewable Energies at the Ministry of Industry and Trade.

“Morocco has become the main source of equipment and spare parts at the African level after just twenty years of launching its first initiative in this sector,” Saïdi told the Moroccan News Agency. “This exceptional performance not only demonstrates the resilience of our national aviation industry but also reflects its ability to adapt to global market momentum.”

The sector currently employs 21,000 skilled workers across 142 companies, with a local integration rate exceeding 40%. Industry Minister Riyad Mzour announced in July that Morocco aims to double the sector’s employment by 2030.

This year marked several significant developments for Morocco’s aviation industry. The country hosted the Morocco Air Show 2024 in Marrakech, which facilitated new strategic partnerships with industry giants Boeing and Airbus.

A major milestone was the inauguration of Safran’s $300 million aircraft engine manufacturing facility in Casablanca, expected to create hundreds of jobs and facilitate advanced technology transfer.

‘Adopting a proactive approach’

Other major manufacturers including Bombardier, Stelia, and Aerospace have expanded their investments in the country through new facilities and expansions of existing sites. These initiatives aim to meet growing demand from major aviation companies for high-quality components while contributing to local economic growth.

The government has developed specialized industrial zones for aviation manufacturing, including the Midparc zone, which offers modern infrastructure, ready-to-use land, and tax incentives. The Tanger Med Port plays a pivotal role in supporting the sector’s growth through export operations.

“We are adopting a proactive approach to ensure our aviation industry aligns with rapid global developments,” Saïdi explained. “Innovation is at the core of our priorities, with special focus on environmentally friendly technologies and reducing carbon footprint, strengthening the kingdom’s position as a competitive and sustainable industrial platform.”

The sector’s growth in 2024 represents a significant improvement from 2023’s modest 2.4% increase in exports. This expansion is attributed to strong global demand and product diversification, encompassing spare parts and complete equipment for major aviation manufacturers.

Looking ahead, Morocco’s aviation sector is positioning itself for further expansion through new ecosystem development, implementation of more complex projects, and addressing challenges in digital transformation, decarbonization, and technological innovation, while leveraging the talents of young Moroccan professionals.

source/content: moroccoworldnews.com (headline edited)

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Morocco’s aviation exports hit $2.1 billion in record-breaking 2024.

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MOROCCO

EGYPT : BBC recognizes Nour Emam of Egypt’s MotherBeing for empowering women

This recognition sheds light on a journey of empowering mothers and reshaping the narrative around motherhood in Egypt.

Onset of an idea
 

MotherBeing is an organization founded by Nour Emam to provide support, resources, and a sense of community for mothers across Egypt.

In a previous interview with Ahram Online , Emam recounted that during the birth of her daughter, she underwent a medically unnecessary C-section and was separated from her daughter for a while.

It was a challenging experience that left her feeling helpless. Following the birth, Emam suffered from postpartum depression and mild PTSD, which went undiagnosed for eight months.

In an attempt to help herself overcome that painful experience, she created MotherBeing, an educational platform focused on providing women with information on their bodies, sexual health, and the many misconceptions surrounding it.

However, before creating her platform in January 2020, Emam joined a five-month online doula training program from Canada, one of the hardest and longest in the field, followed by another training program in managing postpartum depression.

Emam decided to make it her mission to educate women about their cycles and reproductive health. Emam’s most crucial part was making this knowledge accessible in Arabic to every Arabic-speaking woman.

She is now a certified maternal support practitioner (doula) and certified relationship and sex educator.

Over the years, in addition to easily accessible online content, MotherBeing provided courses of female-only open discussions about women’s reproductive and sexual health issues.

Based on requests, course participants choose a topic related to womanhood each month. The courses provide scientific discussions of the issues.

Through MotherBeing, Nour has created a safe space where mothers can share their stories, seek advice, and form connections with one another.

Brave initiative
 

One of Nour Emam’s standout initiatives is donating hundreds of thousands of sanitary pads to women in Gaza in November 2023.

This initiative highlighted the medical challenges women face there.

Emam also provided free online consultations to all Palestinian women in need of medical advice regarding their reproductive health.

She remains committed to expanding the reach of MotherBeing and creating a more inclusive and supportive environment for mothers in Egypt.

Her vision for the future includes launching new initiatives, collaborating with like-minded organizations, and advocating for policies prioritizing maternal well-being.

source/content: english.ahram.org.eg (headline edited)

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EGYPT

ALGERIA / DUBAI, UAE : ARAB : Mohammed bin Rashid congratulates Algerian Professor Yacine Aït-Sahalia Winner of ‘Great Arab Minds Award in Economics 2024’

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has congratulated Professor Yacine Aït-Sahalia, Professor of Finance and Economics at Princeton University, for winning the Great Arab Minds Award in Economics for 2024.

His Highness Sheikh Mohammed praised Professor Yacine Aït-Sahalia for his pioneering contributions to financial econometrics, data measurement, and financial analysis. His work advanced the modelling of high-frequency financial data and continuous-time processes, enabling deeper understanding of variables.

His Highness Sheikh Mohammed said, “We congratulate the winner of the Great Arab Minds Award in Economics for 2024, Professor Yacine Aït-Sahalia from Algeria, Professor of Finance and Economics at Princeton University, who has made exceptional contributions by developing an advanced economic and financial metric to determine volatility levels and understand future patterns of market fluctuations. His work has enhanced financial market analysis, improved economic risk assessments, and increased the efficiency of financial and economic planning.

“We celebrate his achievement and take pride in all Arab minds who have inspired us with their creativity. We look forward to meeting them soon at the Great Arab Minds ceremony.”

Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and Chairman of the Great Arab Minds Higher Committee, informed Professor Yacine Aït-Sahalia of his win via video call. Al Gergawi highlighted that the award reflects Sheikh Mohammed’s vision to celebrate and support exceptional Arab talent, highlight their achievements, and expand their effective cognitive and developmental impact in their specialisations to foster innovation and excellence across the Arab world.

“Your theories on econometrics and financial analysis have become a reference for numerous institutions, markets, economies, and governments. Your studies inspire a new generation of skilled economists, both in the Arab world and globally, and you are a source of pride for everyone in the Arab world,” Al Gergawi added.

Professor Aït-Sahalia developed high-frequency econometric methods to analyse financial data, estimate volatility, forecast market trends, and evaluate risk. His techniques for addressing microstructure noise and capturing market dynamics have provided essential tools for asset pricing and financial decision-making.

With over 80 academic studies and two books, Professor Aït-Sahalia’s research introduced innovative methods for analysing financial data, and enhancing economic planning.

source/content: wam.ae (headline edited)

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ALGERIA / DUBAI, UNITED ARAB EMIRATES (U.A.E)

SAUDI ARABIA : Hail governor inaugurates Middle East’s largest salmon production center

The 10,000-square-meter facility features the latest marine technology.

Prince Abdulaziz bin Saad bin Abdulaziz, the governor of Hail, inaugurated the Excellence Center for Salmon Production on Saturday, the largest facility of its kind in the Middle East.

A collaboration between the Ministry of Environment, Water, and Agriculture and King Abdulaziz University, the center aims to produce 100,000 tons of salmon annually, bolstering Saudi Arabia’s food security and aquaculture sector, the Saudi Press Agency reported.

The 10,000-square-meter facility features the latest marine technology, including recirculating aquaculture systems and aquaponics units, which integrate fish and vegetable production.

It is designed to reduce the Kingdom’s reliance on salmon imports, currently at 23,000 tons per year.

Prince Abdulaziz hailed the project as a cornerstone of Vision 2030, promoting sustainable development and economic diversification, while attending officials highlighted its potential to enhance innovation, create jobs, and serve as a model for sustainable aquaculture in the region, SPA added.

source/content: arabnews.com (headline edited)

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Prince Abdulaziz bin Saad bin Abdulaziz, the governor of Hail, inaugurated the Excellence Center for Salmon Production on Saturday, the largest facility of its kind in the Middle East. (SPA)

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SAUDI ARABIA