terrorisme

Saham completes acquisition of Société Générale’s SGMB bank

Saham Group said it has completed the acquisition of the Moroccan subsidiary of French Société Générale SGMB and its insurance business, La Marocaine Vie. Moulay Hafid Alamy has been appointed president of SSGMB following the sale. Earlier this year, Société Générale announced the sale of its majority shares at 57% of SGMB to Saham. The […]

Entire Output of New Moroccan Fertilizer Plant to Be Destined to Africa

Morocco’s Phosphates group, OCP, is about to complete the construction of a fertilizer plant in Jorf Lasfar (110 km south of Casablanca) whose entire output will be destined to the African market. The plant, costing about $ 600 million, is expected to produce one million tons of fertilizers per year that will be wholly exported […]

Algeria: President orders to crackdown on ethnic unrest “with diligence and severity”

Algeria’s President Abdelaziz Bouteflika has issued orders to crackdown on the ethnic unrest that has shaken to southern city of Ghardaia following violent clashes between Arabs and Berbers that left at least 22 people dead and many injured. Bouteflika, who convened an emergency high-level security meeting with the Prime Minister, defense officials, the army chief of staff […]