Takaful

The Sluggish Kick-Off of Algeria’s Presidential Campaign

Although the ongoing presidential campaign in Algeria has not impressed much by now, the six candidates have recently started complaining about “irregularities”. The National Election Monitoring Committee (CNISEL) now receives complains every day at both national and local levels. According to the CNISEL’s chief, Fateh Boutbik, the complaints are mostly related to the violation of […]

Morocco’s aerospace exports more than triple over a decade

Despite global industrial disruptions over the past decade, including the COVID-19 pandemic, geopolitical tensions, and post-pandemic inflation, Morocco’s aerospace sector has demonstrated remarkable resilience and growth. According to figures from the foreign exchange regulator, the country’s aerospace exports have more than tripled between 2014 and 2024, rising from 7.69 billion dirhams to 26.44 billion dirhams […]

Morocco’s OCP Group raises $2 billion from bonds sale

Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]