mali

Algeria: Lower house approves Investment bill limiting 49:51 rule

The People’s Assembly, Algeria’s lower house of parliament, adopted the 37 amendments of the bill on the promotion of investment and limited the controversial and strongly criticized 49:51 investment rule to “strategic sectors” only. The amendments were proposed by the committee of economic, development, industry, trade and planning affairs of the Assembly. The minister of […]

Mauritania uproars over personal comments, observes deafening silence towards Algerian President

The official reaction of the Mauritanian government to personal comments by a Moroccan Muslim scholar stands in stark contrast to the deafening silence towards comments uttered by Algerian President Abdelmedjid Tebboune who is responsible for his country’s foreign policy. Ahmed Raissouni, a former leader of the Islamist MUR and currently head of Qatar-funded International Union […]

Saudi Fund, Mauritania ink $40m loan deal

The Saudi Fund for Development, SFD, provided Monday December 18 Mauritania with a soft credit line of $40 million earmarked for the construction and equipment of two educational institutes that are specialized in key sectors of the economy. The deal was signed by SFD CEO Sultan Al-Marshad and Mauritania’s Minister of Economy and Sustainable Development, […]