Facing hurdles since 2020, the Renault factory on which the Algerian regime pinned high hopes braces for a total shutdown, marking an utter fiasco of the automotive industry in the Maghreb country, at a context of tense ties between Paris and Algiers. In 2012, Algerian authorities under then President Bouteflika convinced Renault to set up […]
Fitch Ratings has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a stable outlook. Morocco’s ‘BB+’ ratings reflect sound macroeconomic policies, strong official creditor support, favorable debt profile and comfortable international liquidity buffers, explained the agency in a commentary published on its official website. Fitch indicated that Real GDP growth was stable […]
Abdel Hamid Dbeibah, the interim Libyan Prime Minister submitted Sunday his candidacy for next month crucial presidential elections set to endow the oil-rich country with a central Administration a decade after former leader Muammar Gaddafi was ousted and assassinated. “At this historic moment in the history of the Libyan nation, I feel with you the […]
