world cup

Moscow not in a Hurry to Resume Flights to Egypt

Russia, in the current state of affairs, will not resume flight connections with Egypt, Russian deputy Prime Minister has announced adding that immediate resumption of Russian flights to Egyptian resorts is “currently impossible”. Arkady Dvorkovitch reportedly made the remarks to Egyptian deputy foreign minister on the sidelines of the International Conference on the Reconstruction of […]

TE Connectivity opens its second production plant in Morocco

The world’s leading manufacturer of sensor and communication systems, TE Connectivity, opened its second factory at Tangier Automotive City this week. The new plant will support the company’s commercial and industrial transport solutions in Europe, Africa, and the Middle East (EMEA region). The Suisse-based company, which had a single distribution center in Morocco in 2012, […]

Algeria’s Trade Deficit Deepens to 14 bln Dollars

Algeria’s trade deficit slipped into 14 billion dollars in the first 8 months of 2016 because of the fall in oil revenues, propelling the government to draft an austere appropriation bill for 2017 with the introduction of new taxes in a bid to minimize losses. Algeria’s trade deficit worsened despite an 11% decline in imports […]