Sonatrach SPC

Morocco plans trains assembly plant- minister

Morocco plans to set up a train assembly plant that will be geared for exports as well as for domestic use as the country expands its rail network, the transport minister Abdessamad Kayouh said. Briefing MPs on the latest developments on the rail sector, the minister said rail operator ONCF will add an additional 1300 […]

Algeria spikes defense budget to $21.6 bln

As Algerians continue to suffer in long queues for basic goods, the military regime in Algeria has allocated its defense department a bloated budget of 21.6 billion dollars in 2024, up from 19 billion this year. The army thus widens the gap with other departments as the largest spending sector, mirroring its position as a […]

Moroccan-Algerian Relations “at Lowest Level”- FM

Moroccan Algerian relations are stagnant at their lowest level with no bilateral visits planned for Seven Years, deplored Morocco’s Foreign Minister, Nasser Bourita. Speaking to Jeune Afrique Magazine, Bourita said that Moroccan-Algerian ties remain static and that the Arab Maghreb Union has not held meetings in years making it one of the least integrated groupings […]