At the opening ceremony of the two-day National Conference on External Trade taking place at the Palais des Nations in Algiers, Prime Minister Abdelmalek Sellal said the drastic fall of oil prices gives “a valuable opportunity” to the county “to review the situation of its trade to radically and progressively end dependence on hydrocarbons.” Algeria’s […]
Morocco topped the countries of the Maghreb region in terms of attracting foreign direct investment (FDI) in 2016, according to a report established by the Arab Investment and Export Credit Guarantee Corporation. The North African kingdom attracted $2.3 billion worth of FDI in 2016, followed by Algeria with 1.5 billion, Tunisia with 958 million, and […]
It seems that Morocco has won another battle against its neighbouring arch-rival Algeria, member of the OPEC cartel. After months of secret negotiations with the two countries, German automaker Volkswagen is believed to have finally picked Morocco to install its new plant following suit of French groups Renault and Peugeot-Citroen. According to sources close to […]
