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The fall of Algerian dinar augurs ill for Algeria’s social peace

The Algerian government has devalued the Dinar on the back of dwindling foreign exchange reserves provoking high inflation and concerns of violent unrest. Since the end of the era of expensive oil in 2014, the Algerian dinar took a plunge and now trades for 200 dinars per Euro in the black market. From 200 billion […]

Morocco’s king sets up committee to investigate competition regulator’s probe dysfunctions

King Mohammed VI decided to create an ad hoc committee to investigate dysfunctions relating to a probe by the competition council, a statement of the Royal Office said. The Competition Council, which has been entrusted with ruling on the alleged uncompetitive practices used by fuel distributors, is thus removed from the case. The ad-hoc committee […]

25 Years of Reign: Ports of Tanger-Med, Nador West Med & Dakhla Atlantic, changing face of Morocco

Moroccans are looking back with pride at the impressive social, economic and political achievements accomplished in the country under the leadership of King Mohammed VI. In a span of 25 years, the Kingdom has been transformed into a regional powerhouse with a highly diversified and competitive economy with a vast network of global friends, strategic […]