The Qatar Investment Authority (QIA) deposited $1 billion at the Central Bank of Egypt (CBE) at the time the Gulf country was close to a deal to acquire a government stake in some of the major companies in the North African country, Asharq Business reports, citing informed sources. The funds, the sources told the media, […]
Enhanced security measures were taken by Moroccan security services under the direct supervision of Abdellatif Hammouchi, head of Morocco’s domestic intelligence agency (DGST), in Marrakech in prevision of the Climate Summit COP22, said Morocco’s daily, Al Ahdath. The Moroccan police (DGSN) prepared 10,000 of its members to ensure the security of the climate summit, according […]
Algeria wants to develop a car industry but it wants it fast and without meeting the pre-requisite: a competitive industrial cluster or ecosystem of local part suppliers. In 2019, after his election, Algerian President Tebboune had criticized car industry professionals in his country accusing them of practicing “disguised imports” due to the very low sourcing […]
