Egyptian oil refinery

Tebboune drives Algeria toward open ended rule in bid to prolong his mandate

Abdelmadjid Tebboune, who came to power in 2019 amid a deep legitimacy crisis, is following the typical tactics of autocrats in seeking to reshape the constitution to secure his own political survival. Tebboune henchmen call it a “technical adjustment,” a euphemism that plays down an attempt to manipulate the political calendar and stretch his time […]

Morocco to Launch its 1st Pleiade Satellite

Morocco will launch next November 8th its first Pleiade satellite from the European space port of Kourou in French Guiana, according to some Moroccan web sites. Built by Airbus defense & Space Company, this Moroccan satellite will be launched with an Italian Vega rocket. Designed as a dual civil/military system, Pleiades deliver very-high-resolution optical data […]

Casablanca stock exchange on the red over Covid-19 fears

The main index at Casablanca’s stock exchange suffered on February 9 the steepest single-day plunge in its history amid a similar trend in international bourses due to Coronavirus fears. Investors rushed to sell shares causing a 5.82% drop in Masi, Casablanca’s main index, which lost 11.2% of its value since the beginning of 2020. The […]