air transport

Morocco begins gradual cooking gas subsidies cut

Following targeted cash-handouts to needy households, Morocco has cut by 10 dirhams the subsidized price of a cooking gas cylinder, in a move that will alleviate the subsidies burden. The decision- that entered into force on May 20- marks the first subsidies cut in a gradual process that aims at breaking away with general subsidies. […]

Algeria Trades Oil for Cuban Doctors

Algeria will receive more doctors from Cuba in return for suppling the communist run island with crude oil, which seeks to offset a steep decline in oil shipments from its key ally Venezuela. An agreement was signed between the two countries providing for three years of Algerian oil supplies, the Cuban news agency Prensa Latina […]

Peugeot to build its MENA region plant in Morocco

The French carmaker PSA Peugeot Citroen plans to open a plant in Morocco to meet the needs of the Maghreb and other African markets, a source close to the group said, confirming the information published earlier by Bloomberg. The project that could be formalized early June will have an initial capacity of nearly 100.000 units. […]