The struggling car industry on which Algeria pinned hopes to jump start its industry has received another bad news with the shutdown of a Kia assembly plant on the footsteps of Volkswagen. Long described as “disguised imports” Algeria’s policy of attracting car assembly plants since 2012 has so far showed disappointing results and came up […]
the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank rejected most of the claims of Corral Morocco Holding, owned by Saudi billionaire Al Amoudi in a case filed against the Moroccan government over the shut-down of Samir refinery. The arbitration institution ordered Morocco to pay just 6% of the total 2.7 […]
Mauritanian president returned from a short visit to Algeria without his main bodyguard who was reported dead in a suspicious incident. While Algerian pro-regime media speak of a car accident, Mauritanian media says the President’s convoy was attacked in Tindouf area by armed men loyal to a Mauritanian dissident based in Algeria. Videos on twitter […]
