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Chile’s President wants closer ties with Morocco
Chile’s President Sebastian Pinera highlighted the close relations between his country and Morocco underscoring the potential to further expand bilateral ties. Pinera who received Morocco’s foreign minister Nasser Bourita in Santiago highlighted the prospects for strengthening economic cooperation and trade, said a statement of the Chilean presidency. The visit was also a chance to invite […]
Sonatrach financial hurdles, Algeria’s economic agony
Economists have long warned the Algerian regime of an impending Venezuelan scenario as the country put off reforms leaving the economy dependent since independence on oil and gas sales of its state-owned company Sonatrach. The company, which aspired to be among the top 5 global oil and gas companies globally in 2030, hit the cliff […]
Morocco to invest $230 million in new Mogador resort
Morocco is planning to build a new Mogador resort, near Essaouira, for a total investment on $230 million. The new resort will be funded by a consortium of investors, including Samih Sawiri, Hussain Al Nowais, and Hossam El Shaer, who committed to fund 50% of the investment, the head of the government office said in […]



