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Algeria’s FX Reserves Tumble 50 pc in Q1 2015 Raising Social Concerns
Algeria’s foreign exchange reserves plummeted by half in the first quarter of 2015 due to the fall in global crude oil prices, the country’s central bank said. The forex reserves went down by $ 19.02 billion to $159.9 billion in the first quarter of 2015, Algerian central bank added, noting that the sales of hydrocarbons […]
Marsa Maroc to operate Nador West Med container terminal
Marsa Maroc will operate the container terminal at the deep-water port, Nador West Med for 25 years, Moroccan media reported. Marsa Maroc will have to invest 200 million dirhams ($20 mln) in the terminal which will have a capacity of 3.5 million containers, L’Observateur du Maroc et de l’Afrique reported. The terminal has a depth […]
Morocco, EU Sign Implementation Document of PRIMA research & innovation Program
Morocco and the European Union signed, on Monday in Brussels, the administrative arrangement for the implementation of the scientific and technological cooperation agreement laying down the conditions and modalities for the Kingdom’s participation in the Partnership for Research and Innovation in the Mediterranean area (PRIMA). Morocco became a participating state in the Partnership for Research […]



