Spanish financial group Bankia has opened lately an office in Morocco’s economic capital, Casablanca, to support the expansion of Spanish companies in the North African Kingdom, one of Spain’s major trade partners. Bankia managing director Jesús Miramón said Morocco is a key market for Spanish businesses which are looking for growth opportunities beyond their national […]
Algerian parliament president Mouad Bouchareb has resigned on Tuesday, Ennahar TV reported. Three months after longtime President Abdelaziz Bouteflika resigned under pressure, Bouchareb has had a similar faith. He resigned under pressure of sustained protests seeking root-and-branch reform. Many pro-democracy activists believe that members of the old regime are still trying to cling to power. […]
Morocco plans a gas power plant near Al Wahda dam with a total capacity of 990 megawatts and for a cost of 415 million dollars. State-owned water and electricity utility will offer 20% of the funding while the rest will come from securitization and bank loans, Le Matin daily reported, citing an official financial document. […]
