Spanish -vox-

Morocco’s Central Bank keeps interest rate unchanged due to Global & Domestic Situation

Bank Al-Maghrib, Morocco’s central bank, has decided to hold interest rates steady, contrary to the forecasts of many analysts who were expecting a hike of rates following the coronavirus pandemic, rainfall shortage and the Russia-Ukraine war. During its first meeting for the year 2022, the Board of Directors of the Bank decided to keep unchanged […]

US unseats Algeria as Spain’s first gas supplier, Nigeria on way to take Algiers’ market share

US has exported more gas to Spain than Algeria so far this year as new players seek a foothold in the Spanish gas market. Spanish authorities have often complained at the insufficient gas flow through the Medgaz pipeline which couldn’t match the amount the Spanish market was receiving through the Maghreb-Europe pipeline that used to […]

Tebboune returns empty-handed again from his Italian odyssey

President Abdelmadjid Tebboune’s latest visit to Italy was meant to be a diplomatic breakthrough. Instead, it marked yet another chapter in a series of fruitless overtures that have come to define Algeria’s increasingly desperate foreign policy. Despite multiple visits to Rome in recent years and generous gas deals, Tebboune returned home empty-handed again. The Algerian […]