Algeria car industry

Egypt transfers pharaonic solar boat to Grand Museum

Egypt’s tourism ministry moved Saturday the pharaonic solar boat of ancient King Khufu to the Grand Egyptian Museum, as part of efforts to preserve the iconic historical piece for future generations. The boat, dating back to some 4,500 years and discovered in 1954 at the southern corner of the Great Pyramid of Khufu, was exhibited […]

Who are Morocco’s main external creditors?

By 2022, Morocco’s external debt stood at 423.6 billion dirhams ($41.2 bln) representing 31.8% of GDP, half of which was owed to multilateral development banks, according to finance ministry data. The International Bank for Reconstruction and Development, an offshoot of the World Bank, holds the lion’s share in Morocco’s external debt with 93.1 billion dirhams, […]

Debunking the Disgraceful Statements of Algeria’s FM against Morocco

The arrogance and antagonism of the henchmen of the military regime in Algeria make them myopic to the fast evolving world around them. The recent statements by Algeria’s foreign minister, Abdelkader Messahel, who claimed that Moroccan banks and flag carrier (Royal Air Maroc) are making success in Africa because they are using drug money, come […]