Algeria’s Trade Deficit Deepens to 14 bln Dollars

Algeria’s trade deficit slipped into 14 billion dollars in the first 8 months of 2016 because of the fall in oil revenues, propelling the government to draft an austere appropriation bill for 2017 with the introduction of new taxes in a bid to minimize losses. Algeria’s trade deficit worsened despite an 11% decline in imports […]

Phosphates: Morocco’s OCP group reports $ 1.7 billion earning in 1st Quarter 2023

Morocco’s state-owned phosphate company OCP has reported $1.78 billion in first quarter of 2023 against $2.6 billion earned in the same period last year. Yet, this year’s results show the resilience of the global leader in the fertilizer industry in challenging market conditions, says the company in a press release. Global fertilizer prices continued to […]

King Mohammed VI Congratulates Members of the National Team for Exceptional Achievement in U-17 AFCON, Qualification for 2023 World Cup

King Mohammed VI sent a congratulatory message to the members of the national soccer team, finalists of the Under-17 TotalEnergies 2023 African Cup of Nations, for their exceptional achievement during the tournament and their qualification for the 2023 World Cup. “It is with great joy that We send you Our warmest congratulations for the exceptional […]