Rabbah

EU Parliament backs Algeria’s labeling among high-risk countries for money laundering & terror funding

The Algerian regime has been listed by the EU Parliament among high-risk countries for money laundering and terrorism financing. The move is expected to have serious economic repercussions for the country, viewed as a “rogue state”. The European lawmakers have approved lately a European Commission resolution adding Algeria to the EU’s list of high-risk countries […]

Tunisia: Inflation stagnates at 6.7% in October for the third consecutive month

According to data released by the National Institute of Statistics (INS), the inflation rate in October 2024 held steady at 6.7%. This overall stability reflects a mix of accelerating and slowing price trends across different categories. On one side, the rise in the inflation rate is driven by sharper year-on-year increases in the “restaurant, cafe, […]

Morocco’s tourism boom attracts Spanish conglomerate Hotusa

Following suit to other major Spanish hotel groups, conglomerate Hotusa revealed plans to have a footprint in Morocco through its hotel subsidiary, Eurostars Hotel Company. The group disclosed, in a recent announcement, that it would inaugurate three hotels in the North African Kingdom, with openings slated for 2024 and 2025. The inaugural property, Eurostars Casa […]