Algeria Ahmed_Gaid_Salah

WB: Morocco’s growth to pick up to 3.5% in 2023 & 3.7% in 2024

The World Bank expects Morocco’s economic growth to increase to 3.5 percent in 2023 and 3.7 percent the following year as the country’s agriculture sector recovers gradually from last year’s drought. The spending of the North African Govt. is expected to partially offset weakness in private consumption stemming from high inflation, underlined the WB in […]

Egypt to set up yacht manufacturing company as part of yacht tourism promotion

Egyptian Prime Minister Mostafa Madbouly approved permitting the Suez Canal Authority (SCA) to co-establish Suez Canal for Modern Boats, State-run journal indicated Thursday December 7. Per the State-run media, the future company will manufacture, maintain, and export yachts and maritime units. The Suez Canal for Modern Boats will have a value of $5.1 million. It […]

Algeria’s outburst over UK’s Sahara stance exposes its role as genuine party to the conflict

Algeria’s vehement reaction to the United Kingdom’s support for Morocco’s autonomy plan in Western Sahara has done more than express diplomatic discontent. It laid bare Algiers’ transformation from a behind-the-scenes sponsor and host of the Polisario militias to the undisguised principal actor in the decades-old territorial dispute. In a statement laced with indignation, Algeria’s foreign […]