Yemen

Moroccan car manufacturer Neo Motors opens showroom in Rabat

Moroccan car manufacturer Neo Motors opened its first showroom in Rabat and started delivering vehicles to customers. Neo Motors is the first car maker in the Moroccan capital with factories near Rabat and a price tag starting at 175000 dirhams. Neo Motors plans to open 15 other showrooms across Morocco. Neo Motors’s Rabat factory has […]

Morocco/Earthquake: Emergency aid to be disbursed to affected families by End of September

Junior Budget Minister, Fouzi Lekjaa, announced that the emergency aid to the families affected by Al Haouz earthquake will be paid by the end of September. An agreement on extending the aid to the targeted population was signed between the ministerial departments concerned and la Caisse de Dépôt et de Gestion (CDG), said Lekjaa who […]

Algeria’s political crisis bodes ill for economy

The power grab by the military after the departure of long-ruling Abdelaziz Bouteflika has aborted hopes for a transition to a civilian government, hijacking Algerians’ ambitions to a democratic state and compromising prospects for economic development amid worrisome economic indicators. Army, a kingmaker The army’s pull back from politics during the era of Bouteflika after […]