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Casablanca Finance City Leaps Four Places in World Ranking
Casablanca Finance City (CFC) has leapt four places in the Global Financial Centers Index 24 (GFCI24) taking the 28th position. CFC outperformed Seoul, Taipei and Doha ranking the fourth best financial hub in the MENA region behind Dubai, Tel Aviv and Abu Dhabi. At the international level, New York has overtaken London as the world’s […]
Algeria: Bejaia to have new oil port
Bejaia will be home to an oil terminal in 2015 destined to play a major role in the maritime area of Sidi Ali Lebhar according to the CEO of the Bejaia port company, Djelloul Achour. The project has obtained the Ministry of Energy and Mines approval and has been undertaken by Laboratory of Maritime Studies […]
UN warns against Red Sea crisis escalation, as disrupted shipping prompts Africa price concerns
The United Nations has warned against escalation in the Red Sea following multiple airstrikes by US and UK forces targeting Houthi rebels in Yemen who have vowed fierce retaliation. “These developments in the Red Sea and the risk of exacerbating regional tensions are alarming,” the UN Assistant Secretary-General, Khaled Khiari, has said, calling for the […]


