Bank of Algeria

Namibia, Botswana to build a 5,000 MW solar megaproject

Namibia and Botswana are working together on a 5,000 MW solar megaproject, Global Future Councils of the World Economic Forum said. Financial institutions such as the African Development Bank (AfDB), the World Bank and the International Renewable Energy Agency (IRENA) are members of the Global Future Councils. The megaproject provides for building both photovoltaic and […]

King Mohammed VI’s Unwavering Support of Palestinian Cause Highlighted at OIC Event

The unwavering support of King Mohammed VI to the Palestinian cause and his tireless efforts to preserve the holy city of Jerusalem have been highlighted at the celebration of the 50th anniversary of the creation of the Organization of Islamic Cooperation (OIC) held in Rabat. In this connection, Palestinian President Mahmoud Abbas commended Morocco’s unwavering […]

Libya’s central bank resumes operations after kidnapping of senior employee

Libya’s central bank has resumed normal operation after it was forced to suspend activities due to a kidnapping of one of its senior officials. Head of the bank’s information technology department, Musaab Muslamm was abducted on Sunday by an “unidentified party,” in Tripoli, while other bank employees received threats of similar kidnappings. The Bank resumed […]