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Algeria risks bleak economic prospects in 2026 as Oil prices slump

Algeria’s state-led economic model faces growing vulnerabilities as global oil prices weaken and fiscal imbalances deepen, while diversification stalls. Latest IMF and World Bank assessments reveal a troubling mix of widening deficits, persistent unemployment, and distorted macro indicators that mask underlying fragility. The IMF projects average oil prices at $65.8 per barrel in 2026, down […]

Morocco: Probe into fake news related to international drug trafficking case

The Prosecutor General’s Office at the Casablanca Court of Appeal launched a probe into fake news claiming the involvement of national figures and institutions in an international drug trafficking case. The probe was launched after posts on social media accused Moroccan figures and institutions of involvement in an international drug trafficking case. In this case, […]

Egypt: Production of electric buses to begin in November

Egypt will start manufacturing electric buses as of November this year under an agreement with China’s Foton Motor.   Under the agreement, Foton Motor, which designs and manufactures trucks and buses, will manufacture 2,000 buses over four years, 500 vehicles per year. Production can be increased to 5,000 buses.   Minister of Military Production Mohamed […]