Algeria Sunday pledged to inject $150 million into the Tunisian Central Bank, BCT, in support to its neighbor, which has been struggling financially and economically since the 2011 revolution. President Abdelmadjid Tebboune made pledge during a meeting with Tunisian leader Kais Saied who was on his maiden international visit to Algeria. “Algeria is poised to […]
Morocco and the Netherlands signed an agreement to create an investment fund worth €300 million, equivalent to 3.2 billion dirhams, to finance investment projects in infrastructure. The agreement for this fund was signed this Wednesday, in Rabat’s twin city, Salé, in the presence of Dutch Prime Minister Mark Rutte, who is on an official visit […]
Japan carmaker Nissan has received initial approval to produce 100,000 car units per year in Egypt, which targets car export to revive its vehicle production industry. Nissan will manufacture the car, jointly with state-owned carmaker El Nasr Automotive Manufacturing, Minister of Public enterprise, Hesham Tawfik told media. Majority of cars produced will be exported. Egypt […]
