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Algeria’s public finances vicious circle

Algeria’s appropriation bill for 2024 continues on track of prioritizing social peace at the expense of sustainability of public finances, auguring ill for the medium- and long-term macroeconomic balances of the country. The Algerian state will spend 38 billion dollars on its inflated public sector payroll, which takes the largest chunk of budget distribution. Civil […]

Moroccan entrepreneur unveils first hydrogen-powered car

Franco-Moroccan young man, Faouzi Annajah, has stunned the world as he became the first manufacturer of a car running on hydrogen, the currently much sought-after energy resource. The 29-year-old entrepreneur has unveiled NamX; a SUV car prototype, with the help of several partners including Italian and world renowned design house Pininfarina. The inauguration took place […]

Tunisian military helicopter crashes at sea killing the crew

A helicopter of the Tunisian army has crashed near the northern city of Bizerte, killing members of the crew. The army in a statement Thursday said it lost contact with a helicopter which was carrying out a night assignment on Wednesday, at Serrat Cape, near Bizerte.  Four people were in the helicopter.   In a […]