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Algeria: Government shelves equipment projects due to oil prices collapse
The Algerian daily Liberté announced Monday that the government has decided to freeze all equipment projects it was planning to carry out due to acute slash in oil revenues. The Algerian government whose economy largely hinges on oil revenues is unable to forge ahead with its large and nationwide equipment projects plan to refurbish its […]
Morocco: Total Investment in Urban Development Exceeded $7.6.bln over Last Ten years
State-owned real-estate developer, Al Omrane, announced that it had spent over $7.6 billion (72.5 billion dirhams) on urban development projects in Morocco over the last ten years. Head of the board of directors of the company, Badr Kanouni, said, at a ceremony marking the tenth anniversary of the group, that 465,000 housing units were achieved […]
CGEM Forum Reveals Only 6,000 Moroccan Firms Export, a Path to Change chartered
Only 6,000 Moroccan companies export today. That figure, cited at the opening of the second edition of the CGEM’s Carrefour de la TPME held in Casablanca on Tuesday under the theme “Oser l’export” (Daring to Export), encapsulated the central challenge of an event that brought together cabinet members, business leaders, and institutional actors to address […]



