State-owned banks in Algeria will soon be allowed to list in the stock exchange as Algiers continues to stumble in the aftermath of the plummeting oil prices. The privatization of the state-owned banks is an attempt by the Algerian government to promote its underdeveloped banking sector and diversify sources of revenue after the drop in […]
Spanish global group Himoinsa, which designs, manufactures and distributes power generation equipment, has opened a sales office in Casablanca. Himoinsa, which has been operating in the Moroccan market for 18 years, also makes a wide variety of generator sets and lighting towers. Speaking during inaugural event, Lydia Gracia, Executive Director of Himoinsa, said the opening […]
The Spanish Council of Ministers, on Tuesday, approved the agreement between Spain and Morocco on cooperation in matters of security and the fight against crime. After this step, the agreement will be submitted to the two chambers of Parliament, said the Spanish government presidency in a press release. “The agreement responds to the concern […]
