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Algeria: State-Owned IMETAL Takes over ArcelorMittal’s Shares in Three Companies
Algerian public company IMETAL specialized in metal work and steel industry took control on Sunday of shares of Indian giant ArcelorMittal in ArcelorMittal Algérie (AMA,) ArcelorMittal Pipes and Tubes Algeria (AMPTA) and ArcelorMittal Tebessa (AMT,) reports say. The deal has been in the pipeline since October last year. The Indian giant controlled 49 per cent […]
Italy’s exports to Libya surge by 34% in 2024
The Italian Embassy in Libya announced a significant boost in bilateral trade, with Italian exports to Libya reaching €2.27 billion in 2024, marking a remarkable 34.2% increase from the previous year. This surge highlights Italy’s continued dominance in the Libyan market, with various sectors contributing to the growth, including medical supplies (up 44.7%), automotive products […]
Morocco’s dam reserves improve to 45% after heavy rains
Morocco’s dam reserves have risen to 45.2% of capacity after months of rainfall, offering the country rare relief following several years of severe water shortages, official data showed. Stored water volumes increased from 5.6 billion cubic meters to 7.6 billion m³ over four months, a gain of nearly 2 billion m³, driven mainly by a […]



