Morocco-Extends-State-of-Emergency-Until-April 10

Morocco boosts industrial investments with 17 agreements

Part of Morocco’s efforts to upgrade the industrial sector, impacted by the coronavirus pandemic, 17 investment agreements, worth $93.6 million, were signed in Rabat Wednesday.   The signing of the agreements relating to several sectors took place under the chairmanship of Minister of Industry and Trade Moulay Hafid Elalamy who described these agreements as an […]

Algeria’s foreign exchange reserves plunge amid drop in oil revenues

Algeria’s public debt rose to 45% of GDP while its foreign exchange reserves continue to shrink on the back of falling oil prices in international market boding ill for the social peace of a country where dissent is growing. Newly appointed Prime Minister Abdelaziz Djerad sounded the alarm bell recently while speaking to MPs about […]

Chinese Investors Interested in Business Opportunities in Sahara

Chinese investors showed interests in the huge business opportunities offered in Morocco’s Sahara provinces and particularly in the region of Laayoune-Sakia El Hamra. It seems that the Chinese are looking for their share of the pie as several foreign investors are already operating in the Moroccan Sahara region, which is emerging as a gateway for […]