Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for an economic recovery from the repercussions of the coronavirus. These cuts give banks more flexibility in financing enterprises during this crisis notably SMEs, he told local media. The government has […]
The Polisario terrorist and leader of the Islamic State in the Greater Sahara (ISGS), Adnan Abou Walid al-Sahrawi, was killed by French forces, President Emmanuel Macron announced early on Thursday in a tweet. “This is another major success in the fight we are waging against terrorist groups in the Sahel,” added the French Head of […]
Saudi renewable energy company, Acwa Power, said a new breakdown will leave a solar plant in Noor Ouarzazate project idle until November 2024, totaling losses estimated at 47 million dollars. The breakdown was due to a storage problem, it said in a statement on the Saudi Stock Exchange, adding that it was planning to build […]
