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Morocco: Security Forces Foil Suicide Attack Plans

Moroccan Security authorities Wednesday announced they thwarted terror plans after investigations, following the recent arrest of a terrorist, revealed that the man had planned to attack sensitive targets with a suicide belt. A statement from the interior ministry pointed out that a suspected Islamic State group (IS) sympathizer arrested on October 24 in the city […]

Algeria to conclude oil deal with Exxon Mobile

The government Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first half of 2019, Sonatrach’s Chief Executive Officer said. Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North […]

IMF chief lauds Morocco’s reform, says Marrakech ‘ideal’ place for annual meetings

Visiting IMF managing director Kristina Georgieva praised Morocco for its economic reforms while saying the country was the ideal place for holding the IMF-WB annual meetings next October. Following talks with head of Moroccan government Aziz Akhannouch in Rabat, Georgieva said Morocco knew how to navigate the post-covid crisis thanks to targeted government actions. She […]