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Algeria Mulls Building $ 2 bln Condo Towers

The Algerian government is planning to build five major tower complexes in the North African country, which is an important oil and gas producer. These major residential projects, to cost $ 2 billion, are destined to reduce and mitigate housing shortage exacerbated due to galloping population growth and a steady flow of urban migration. The […]

US recognition of Morocco’s sovereignty in Sahara, a rejection of ‘failed status-quo’ – Kushner says

White House Senior Advisor Jared Kushner reiterated the recently adopted position of his country in support of Morocco’s full sovereignty over all the Sahara territory and stressed the primacy of the Kingdom’s autonomy plan. “By recognizing Morocco’s sovereignty over the Western Sahara, president Trump is rejecting the failed status quo which benefits no one,” Kushner […]

Moroccan Parliament Approves ONHYM Transformation Into Joint-Stock Company to Enhance Strategic Positioning

Morocco’s House of Representatives approved legislation Tuesday transforming the National Office of Hydrocarbons and Mines (ONHYM) into a joint-stock company, positioning the entity as a strategic lever capable of meeting international competition challenges. The majority-backed Law 56.24 represents the sector’s first major institutional reform since 2020. Energy Transition and Sustainable Development Minister Leïla Benali explained […]