Morocco is preparing for the launch of a new mining strategy that aims at creating 30,000 additional jobs and raising the exploration budget to 4 billion dirhams as well as revenues by 15 billion dirhams in six years, energy minister Aziz Rebbah said in Marrakech. The minister said that his department will launch soon Morocco’s […]
Egypt’s gross domestic product (GDP) growth rate continued to slow down in the first quarter of the 2013/2014 fiscal year to reach slightly more than 1 percent compared to 2.1 percent in 2012/2013, according to the Egypt’s Central Bank. Deputy CBE governor Ranaia al-Mashat said in his statement that economic activity remained sluggish in the […]
The Algerian government has given the green light for the construction of a $3.3 billion-deep-water port at the industrial zone of El Hamdania, 70km west of the capital Algiers, local media reported. The Algerian port will be developed by China Harbor Engineering, and China State Construction Engineering Corporation, which, combined, will hold a 49% stake […]
