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Algeria to Build New Terminal at Houari Boumediene Airport

Algerian authorities are planning to build a new Terminal at the Houari Boumediene international airport in the Algerian capital to keep pace with soaring air traffic and passenger growth. Construction work is set to begin in 2014 and expected to be completed by 2018. This project to cost over $ 425 million will be carried […]

Morocco Acquires Stakes in Development Bank of Central African States.

Morocco finalized an equity investment deal worth €10 billion with the Development Bank of Central African States, a move that further strengthens Morocco’s financial footprint on the continent. The deal was signed in Rabat this week by Morocco’s economy Minister Mohamed Boussaid and the vice president of the Development Bank of Central African States Zounguere […]

Saudi Arabia hails Morocco’s measures to combat extremism, terrorism

Saudi Arabia lauded the measures taken by Morocco to ensure security and stability in the country and to combat extremism and terrorism under all their forms.   In a statement shared on social networks Monday, the Saudi Foreign Ministry stressed its respect for Morocco’s measures to ensure security and stability and to prevent terrorism and […]