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Algeria Business Emerging Markets Features Headlines

Algeria: Africa’s 2nd largest consumer gets €50 million Renault factory

North Africa Post

Algerian and French government officials were gathered at the western city of Oran to witness the opening of a €50 million Renault car factory in Algeria that will produce 25,000 units per year before rising to 75,000 by 2019. The plant is a joint venture and will be producing the ‘Symbol’ model; a saloon based […]
Headlines Morocco

Eid Al Mawlid Annabawi: Morocco’s King Pardons over 680 Inmates

North Africa Post

King Mohammed VI has pardoned 681 convicts on the occasion of Eid Al Mawlid Annabawi, commemorated in Morocco this Friday Sept.05, corresponding to 12 Rabii Al Awal 1447 (Hegira calendar), said the Ministry of Justice in a press release. The list of the beneficiaries of the royal pardon includes inmates who were granted pardon over […]
Egypt Headlines

Egypt Recalls Ambassador from Israel after Hamas Commander Assassination

North Africa Post

Egypt has recalled its newly appointed ambassador to Israel, Atef Mohamed Salem, after the commander of Hamas military wing, Ahmed Al-Jaabari. was killed in an Israeli raid on Gaza strip. The announcement was made Wednesday evening by a presidential spokesman in a televised statement. The spokesman said that President Mohamed Morsi has also summoned the […]