Casablanca Stock Exchange approached its highest historical level, buoyed by the unexpected announcement from Bank Al-Maghrib to lower its key interest rate to 2.25%. The MASI, the benchmark index, closed up 2.10% at 17,193 points, touching its all-time high. The volume of transactions on the central market reached 1.1 billion dirhams. Attijariwafa Bank led the […]
Algeria is boosting its tourism with a plan to build 13 new hotels with a total capacity of 1037 beds in 2012 with an estimated cost of more than 918 million dinars which will be provided by the private developers according to the Director of Tourism and artisanal of the wilaya of Tlemcen, Bachir Mourad. […]
Tension is growing between the Mauritanian Senate and the ruling Union pour la Republique party (UPR) over regime’s plans to suppress the chamber without consulting its members as enshrined in the constitution. The Mauritanian regime last month organized a national dialogue to lead to a referendum over the replacement of the senate by regional councils […]
