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Moroccan, Israeli private sectors sign partnership agreement

Morocco’s General Confederation of Enterprises (CGEM) and the Israeli Employers and Business Organizations (IEBO) signed a strategic partnership agreement to promote economic and trade relations as well as technological development between Morocco and Israel. The partnership agreement was signed Monday during a videoconference by CGEM President Chakib Alj, President of IEBO and of Manufacturers Association […]

Morocco’s OCP to raise 5bln dirhams in ordinary bond

Morocco’s OCP group plans to issue an ordinary bond to raise 5 billion dirhams or 500 million dollars as it seeks funding for its ambitious green energy and desalination projects, financial markets regulator AMMC said. OCP, a market mover in phosphates and fertilizers production, plans to go green by 2040 as it forges ahead to […]

US Lambasts Algeria for Import Restrictions

The US has severely criticized Algeria’s protectionism as detrimental to trade and to the development of Algerian enterprises and US exporters alike. The US rebuke was expressed by Myron Brilliant, executive vice president and head of International Affairs at the U.S. Chamber of Commerce who was speaking to the press in Algiers. “The US chamber […]