soluna

Algeria-Portugal: Erenav, Martifer to set up shipbuilding joint venture

Algeria’s national ship repair company Erenav has signed a memorandum of understanding (MoU) with Portuguese Group Martifer on the setting up of a joint venture in shipbuilding and ship repair that will be located in the North African country. The two parties were both excited about the agreement and they hope to use the venture […]

Morocco to raise wages of private sector employees

Workers in the private sectors will benefit from a 10% wage hike within the next two years, while the minimum salary in the agricultural sector will be raised by 10% starting this month, the government announced on Thursday. The move marks the implementation of social dialogue deals announced last May between the government and major […]

Oman and Spain seal €200m investment fund partnership

Oman and Spain have signed a joint partnership fund agreement that will help the two countries to use the Middle Eastern country as a center for their expansion plans. A €200 million joint investment fund was signed between Compañía Española de Financiación del Desarrollo (Cofides) and Oman’s State General Reserve Fund (SGRF) with both parties […]