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Novares Opens Plant in Morocco, Its 1st in North Africa
Novares, a global plastic solutions provider, has opened its first production plant in North Africa, in the Moroccan city of Kenitra. The plant will supply the newly-opened PSA facility in Kenitra and Renault plant in Tangier. This new 10700 m² facility, equipped with a painting zone with a clean room and a clear coat application […]
Morocco receives IMF’s Precautionary Liquidity Line worth $3.47 bln
The Executive Board of the International Monetary Fund (IMF) approved on July 22 a two-year arrangement for Morocco under the Precautionary and Liquidity Line (PLL) for 3.47 billion dollars. The new PLL arrangement will provide Morocco with useful insurance against external shocks as the authorities pursue their reform agenda aimed at further strengthening the economy’s […]
Algeria shuts down Saudi Al Arabiya channel
Algeria has retrieved the accreditation of the Saudi state-owned Al Arabiya channel, claiming it airs fake news. The Algerian Ministry of Communication said in a statement the move was motivated by “the non-respect by this channel of the rules of professional ethics” and “its recourse to disinformation and manipulation.” It is unclear what the fake […]



