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Morocco’s Strategic Investment Fund to give priority to productive activities

The $4.8 billion strategic investment fund, set up part of a stimulus package of 120 billion dirhams ($12.8 bln) to help the economy recover from the coronavirus impact, will give priority to productive activities and back up the financing of major investment projects, said, on Tuesday in Rabat, Minister of Economy & finance Mohamed Benchaâboun. […]

Algeria: the 10 day Andalusian festival ends

Festivals of Andalusian music has grabbed the North African country this weekend  but the Festival of Andalusia and Ancient Music ( FIMAMA)  which runs for more than a week caught the attention of the nation as the curtains have been drawn till another edition comes again next year. It was the 7th edition of the […]

Spain closes its airspace to Morocco

Spain has excluded Morocco from a list of extra-EU countries that can enter its airspace for commercial and passenger traffic. Spanish authorities evoked reciprocity but observers see the move as a retaliatory measure against Morocco’s sovereign measure to close borders with the two enclaves of Ceuta and Melilla during the pandemic. Spain was one of […]