truck at guerguarat

Algeria-Portugal: Erenav, Martifer to set up shipbuilding joint venture

Algeria’s national ship repair company Erenav has signed a memorandum of understanding (MoU) with Portuguese Group Martifer on the setting up of a joint venture in shipbuilding and ship repair that will be located in the North African country. The two parties were both excited about the agreement and they hope to use the venture […]

Libyan National Oil Corporation under pressure as Barter System ends

The Libyan National Oil Corporation (NOC) is facing growing pressure to settle its refined oil products import bills as the country’s long-standing barter system comes to an end. While fuel imports continued into Libya in March, the NOC remains unable to pay for these supplies, a situation compounded by the country’s declining oil revenues. The […]

Morocco’s king launches program meant to enhance economic activities, improve living environment in Medina of Fez

King Mohammed VI launched this Monday in Fez, a four-year program meant to enhance economic activities, safeguard and perpetuate traditional trades and crafts and improve the living environment in the Medina of Fez.   The 2020-2024 program, targeting the quality of life of the medina dwellers, requires an investment of $70.2 million (670 million dirhams). […]