Fitch Ratings

Morocco’s Akdital plans two hospitals in Saudi Arabia

Moroccan hospital operator Akdital signed an agreement in Saudi Arabia to set up two hospitals in Jeddah and Riyadh for a total cost of 200 million dollars. The investment, signed under the aegis of the Saudi Investment ministry, is the first expansion abroad by Akdital, which has 36 clinics in Morocco. Akdital signed the deal […]

Mauritania Allocates Land for SNIM Steel Plant to Boost Industrial Capacity

The Government of Mauritania has approved a draft decree allocating 40 hectares of land in Chami to the National Industrial and Mining Company for the development of a steel production plant and associated facilities. The project, aligned with national industrial policy, is expected to enhance the company’s operational efficiency. It is also aimed to strengthen […]

Pharmaceutical giants to leave cash-strapped Tunisia

Three pharmaceutical giants are about to put an end to their investments in Tunisia, in a series of bad economic news that continued to flow in Tunisia led by a President who is more into empty rhetoric than taking action to avert the financial collapse of the country. So far, local subsidiaries of Bayer, GSK […]