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Algeria’s Steel Giant to Be De-Facto Nationalized
The Algerian government has been interested in buying additional 21% shares in the Annaba unit of the steel producing company, ArcelorMittal, for 200 million USD. As the state already owns 30% of the firm, such a transaction would make the Algerian government a de facto majority shareholder and owner of ArcelorMittal. The government reportedly wants […]
Joy Awards Prize: Morocco’s football star Achraf Hakimi voted “Best Arab Sportsman”
Morocco’s football star Achraf Hakimi has been awarded “Best Arab Sportsman” trophy at the Joy Awards ceremony held in Riyadh, Saudi Arabia, on Saturday. The Moroccan player was voted best Arab sportsman of the year 2022 for his remarkable performances with PSG but especially with the Atlas Lions during the 2022 World Cup. The Joy […]
Morocco takes over chairmanship of G77’s Vienna Chapter
Morocco on Wednesday took over the chairmanship of the Vienna chapter of the G77 for the first time, which reflects the confidence and credibility enjoyed by the Kingdom within international organizations. The handover ceremony of chairmanship of the G-77 took place between Costa Rica’s ambassador in Vienna, Alejandro Solano Ortiz, and Morocco’s Permanent Representative Azzeddine […]



