turquie

Tunisia: Nidaa Tounes weathering as 31 MPs resign

After deciding last Wednesday to suspend their membership in Nidaa Tounes, the 31 members of parliament (MP) on Monday resigned from the party and vowed to form an independent group “to protest the non-democratic way in which the party has been managed” said Hassouna Nasfi, one of the protesting deputies. The resignation will reduce the […]

Casablanca Gets €172 Mln WB Loan to Support its Modernization

The World Bank Board has announced a €172 million loan to the Moroccan city of Casablanca, hosting around 12 pc of the North African country’s population and contributing 20 pc of the national GDP. The loan, first of its kind, will enable the city’s managers to solve its growing urban challenges. It will support the […]

OCP’s 2017 Revenues Hit 48.5 bln Dirham

Morocco’s state-owned phosphates giant (OCP) said its revenues grew 14% in 2017 to reach 48.5 billion dirhams compared to 42.48 billion in 2016. OCP’s phosphates rock sales increased 40% while the group’s revenues from selling fertilizers jumped 24% compared to 2016. This performance helped the OCP offset a fall in international prices, the company said […]