Algeria’s state TV insults UAE

Microstate, dwarf, artificial country…these were but a few insults to the UAE by the Algerian state TV, which reflects the official position of the country. These insults came in a statement on national TV in reaction to an interview by an Algerian historian and University Professor Mohamed Lamine Belghit who spoke about his own opinion […]

IMF: Morocco gets $5 Bln credit line to enhance its economic resilience & external buffers

The International Monetary Fund (IMF) decided on Monday to provide a $5 billion precautionary flexible credit line (FCL) to Morocco to enhance the country’s external buffers, and support its economic resilience and structural reforms. Ms. Antoinette Sayeh, IMF Deputy Managing Director, said : “Morocco’s very strong macroeconomic policies and institutional framework have allowed its economy […]

Renault Tangier Factory, Successful Public-Private Partnership- Minister

The production of the millionth car by the Tangier Renault plant marks the success of a unique public-private partnership putting Morocco on the map of the global automotive industry, said Industry and Investment Minister, Moulay Hafid Elalamy. Speaking Monday at a press conference on the occasion of the celebration of the export of the millionth […]