The outsourcing sector, which employs in Morocco more than 130,000 people, creates about 10,000 jobs every year and generates $1.4 billion in export sales. These figures were disclosed by Youssef Chraibi, President of the Moroccan Federation of Outsourcing Services at a meeting held lately by the Moroccan employers Union (Conféderation Générale des Entreprises du Maroc). […]
Reports have been claiming that Dubai’s Majid Al Futtaim# (MAF) was in talks with Egypt’s Mansour Group# to buy its supermarket business in a deal valued at $200 million to $300m and it has led to Arabian Gulf firms present in Egypt to develop a zeal for expansion despite low valuations. It’s also signaling a […]
Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]
