Algerian public company IMETAL specialized in metal work and steel industry took control on Sunday of shares of Indian giant ArcelorMittal in ArcelorMittal Algérie (AMA,) ArcelorMittal Pipes and Tubes Algeria (AMPTA) and ArcelorMittal Tebessa (AMT,) reports say. The deal has been in the pipeline since October last year. The Indian giant controlled 49 per cent […]
The International Finance Corporation (IFC) will be investing more than $1.1 billion in Morocco this year, compared to $600 million in 2024 and less than $400 million in 2023,” said David Tinel, the institution’s Regional Representative for the Maghreb. In an interview with MAP, on the sidelines of GITEX Africa Morocco 2025, Tinel expressing great […]
Turkey Monday said a ceasefire in Libya would not benefit its ally, the Government of National Accord (GNA), which has been halted in its push to recover the city of Sirte and Jufra air base. Foreign Minister Mevlut Cavusoglu told local state broadcaster TRT Haber that the GNA needs to take back Sirte, the hometown […]
