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Libya: US Treasury Slaps Sanctions on Oil Smugglers
The US Treasury has imposed new sanctions, including asset freeze, on several entities and individuals from Libya, Egypt and Malta believed involved in the smuggling of Libyan oil. The new sanctions from the Treasury’s Office of Foreign Assets Control (OFAC) have targeted six people, twenty-four companies and seven vessels. Assets belonging to targeted individuals and […]
Morocco’s investment potential presented to Swiss economic operators
Morocco’s potential in terms of investment attractiveness and its positioning as a hub towards Africa were under the spotlight during a meeting organized recently at the Chamber of Commerce, Industry and Service of Geneva (CICG), in the presence of an array of economic actors and Swiss business leaders. The meeting “Focus Morocco”, organized by the […]
Algeria: Volkswagen to launch car production plant in 2017
German car producer Volkswagen Thursday indicated that it will start a car producing plant in 2017 with an annual output estimated at 100,000 cars, reports say. According to Rosa Mensouri, Head of SOVAC’s communication department, the German brand will establish its plant at Relizane, in the department of Relizane. Reports say a total of 170 […]


