Cervantes theater

Morocco & AFRICOM committed to address shared security challenges & promote regional stability

Morocco is a trusted partner of the United States in Africa and the recent visit paid by Chief of U.S. Africa Command, General Dagvin Anderson, to the Kingdom highlights “the longstanding and deep partnership” existing between the two countries, said AFRICOM in a press release issued Thursday. This visit, which underscored the strategic importance of […]

Egypt: EGPC to convert petroleum debts into bonds

Authorities overseeing the Egyptian General Petroleum Corporation (EGPC) are considering the conversion of their debts of more than $5 billion into bonds. The idea came as proposals and discussions with the Egyptian Central Bank to scrutinize it have resulted in a positive outcome. These debts are owed to foreign oil companies operating in the country. […]

Peugeot Will Produce 30% of Parts for Algerian Plant in Iran

French carmaker PSA Group will source 30% of parts for cars that will be assembled in the Algerian plant from Iran, said a senior official of Iranian Auto Parts Manufacturers Association. An agreement was signed in this respect between PSA Group and car part manufacturer Iran Khodro (IKCO), Mohammad Reza Najafi-Manesh, a member of the […]