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Morocco steps up efforts to attract foreign investors

Morocco is set to create 12 special economic zones in its 12 regions offering tax incentives and other advantages to attract foreign industrial investors. The special zones are also meant to boost exports and curb imports in order to ease the country’s trade deficit. The decision was made in 2016 in a business charter that […]

Egypt refuses to participate in Algeria’s military exercise due to Polisario presence

Egypt has decided to skip the military exercise which the Algerian regime is planning to organize May 21 to 27 on its territory due to the participation of the Algeria-backed Polisario militias in the drills, according to press reports. Cairo’s refusal to participate in the military maneuvers dealt a hard blow to the Algerian junta […]

Chile closes its embassy in Algiers

Chili announced it will shut down its foreign mission in Algeria and four other countries by the end of 2020 in a move to reduce costs and scale up relations with other countries such has Belgium and Austria. The widely-circulated Chilean daily El Mercurio reports that Chile’s decision to close its embassy in Algiers threw […]