Morocco’s phosphates and fertilizers producer, OCP, said its revenue in the first six months this year dropped 33% to $3.76 bln due to lower prices. The company said it made $1.9 billion in total revenue in the second quarter this year, down 37%, due to lower demand, while expecting demand to improve later this year […]
The Moroccan ministry of the Interior has decided to close down temporarily 514 factories and businesses across the country for violating the health and safety requirements related to covid-19. The move comes after a spike of coronavirus hotbeds in industrial units following the reopening of businesses in the North African Kingdom, which has eased the […]
Tunisia and Algeria agreed to enhance their cooperation in the fight against terrorism affecting North Africa, wherein the Islamic state is expanding its deadly operations and influence threatening peace and stability of the whole region. The agreement was announced during the meeting held lately in Tunis between Prime Minister Habib Essid and Algerian Foreign Affairs […]
