Algeria has announced painful reforms including subsidies cuts on which the social peace hinges to try to save its crumbling finances, but all the reforms have vanished as the oil and gas bonanza offer the regime space to gain time and delay reforms as the country heads straight to economic collapse. Before the Russia-Ukraine war […]
India’s Samta Metals & Alloys, a subsidiary of the Indian Samta Group, is building an aluminum & copper recycling plant in the Atlantic Free Zone, located in the city of Kenitra, Morocco. An investment of $70 million will be injected in this eco-friendly factory to be built over a 36,600-sq-m area. It is expected to […]
The outbreak of coronavirus in China casts a shadow on its imports as many countries, including Russia, seek alternatives after the virus hit hard economic activity in Wuhan. Moscow may import fruit, vegetable, and seafood products from Morocco or Turkey, replacing imports from China due to coronavirus outbreak, an official said. “Vegetables, fruits and seafood […]
