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Algeria’s Tebboune downplays failure to join BRICS
Algeria’s president Tebboune downplayed his failure to join the BRICS, which admitted other African and Asian countries as new members. Tebboune spoke with certainty two years ago promising his people to join the BRICS group, much to his disappointment when the grouping admitted Egypt and Ethiopia along with Iran the UAE and Saudi Arabic, but […]
American CVG to open plant in Morocco, gateway for European market
Morocco has attracted a new American investor, CVG, a global supplier of electrical systems, which will open a facility in Tangier in the third quarter of 2023. In a recent press release, the U.S. group said it will also open another facility in Aldama, Mexico. Both locations are expected to employ approximately 1,000 new employees […]
Algeria- 2016 budget: Finance Minister calls for vigilance
A day after Prime Minister Abdelmalek Sellal stated that the economy was going through a difficult juncture and stressed the need to adopt a long term growth vision, Finance Minister Abderrahmane Benkhalfa told the parliament that taxes and import duties could be increased and energy subsidies could be removed and that vigilance is required in […]



