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IMF intends to offer Morocco $5 bln credit line

The International Monetary Fund intends to approve Morocco’s request for a 5 billion-dollar Flexible Credit Line (FCL) during a meeting of its executive board meeting. “Considering Morocco’s very strong policy frameworks and track record, IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Morocco when the IMF Executive Board meets […]

Moroccan King’s Envoy continued Gulf Tour with visit to Oman

Moroccan Foreign Minister Nasser Bourita who embarked since April 9 on a Gulf tour with messages from King Mohammed VI to the rulers of the Gulf countries continued his tour Thursday with visits to Doha and then to Muscat. After his visit in Doha where he was received by the Emir of Qatar Tamim Bin […]

Housing Industry: Algeria, Italy to Set up Joint Ventures

Algerian and Italian companies will set up joint ventures in the housing industry sector as demand continues to grow in the North African country. According to the CEO of INDJAB holding company, Hafid Fassouli, four Algerian-Italian joint ventures specialized in construction and housing will be created soon, in a bid to upgrade Algeria’s construction capacity. […]