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New AYA Biotechnology Plant to advance Morocco’s food security strategy

Morocco launched the AYA (Anouar Yieldest Additives) industrial project Wednesday in Jorf Lasfar, worth a 480-million-dirham investment in agro-industrial biotechnology by Anouar Invest group. The facility marks significant progress toward the kingdom’s food sovereignty and industrialization objectives while establishing new export capabilities in biotechnology sectors. The plant extends over 7.1 hectares including 28,700 square meters […]

Algeria’s Foreign Reserves to Further Shrink to $97 bln in 2017

Battered by falling oil and gas revenues, Algeria’s foreign exchange reserves are expected to further shrink to $97 billion, down from $193 billion in 2014, official data shows. With the slump in oil prices, the rest of the Algerian economy can’t generate the foreign exchange needed to pay for imports as oil and gas represent […]

UN Chief Loses his Neutrality in Sahara Issue

It is clear that the UN Secretary General Ban Ki-Moon, whose second & last term expires on 31 December 2016, has overstepped his UN mission and betrayed his neutrality in dealing with the Sahara issue during his recent visit to the region. His inappropriate comments irked the Moroccan government which said on Tuesday that it […]