Algeria bent on buying social peace at expense of undermining economy

Algeria’s 2024 budget confirms the country is bent on maintaining a model of rent distribution to buy social peace, wherein the state continues to use oil and gas money in non-productive spending while shunning reforms that could put the economy on a competitive track conducive to a welfare state. Buying social peace by bolstering wages […]

OIC Backs King Mohammed VI’s Efforts to Protect AL Quds

The Organization of Islamic Cooperation (OIC) commended the efforts led by Mohammed VI to defend the holy city of Al Quds following the serious developments in Palestine. The OIC “praises the continuous efforts exerted by his Majesty King Mohammad VI King of Morocco, Chair of al-Quds Committee, in defending the holy city and supporting the […]

U.S. PPG opens in Morocco its 1st African automotive sealants plant

American company PPG has opened lately in Tangier, northern Morocco, its first automotive sealants production facility in Africa. The new facility confirms Morocco’s attractiveness to foreign investors and global automotive players. “This facility is an important step in providing local supply for automotive original equipment (OEM) vehicle manufacturers in Morocco,” said Roald Johannsen, PPG vice […]