Finance Headlines Tunisia

Tunisia: Central Bank Predicts 2 per cent Growth for 2016

Tunisia’s economy will witness little growth this year (2 per cent) and next year (3.5 per cent) with tourism and agriculture sectors still in difficult situations, the Central Bank announced. The Central Bank’s report indicates that contrary to 2015 marked by a growth rate estimated below 1 per cent, hitting nearly 0 per cent, Tunisia […]

Headlines Morocco

German Software Maker SAP Installs in Morocco

The German software firm SAP has opened its new office in Morocco, confirming the company’s expansion in Africa. SAP new platform was installed in Casablanca’s CasaNearShore Park, a service area dedicated to companies specializing in software development, infrastructure management, back office banking and insurance and customer relationship management… The Casanearshore, the largest in North Africa, […]

Headlines Morocco

Morocco, First Non-European Member to Join Eurocontrol

Morocco has become the first non-European country to join the European Organization for Air Traffic Security after long years of cooperation. Under the comprehensive agreement that was signed on the sidelines of the Marrakech Air Show which took place April 27 to 30, Morocco will be fully integrated in Eurocontrol’s structures and can thus benefit […]

Headlines Tunisia

Tunisia-Libya: Border Blockade to End Soon, Governor Matmati

Governor Tahar Matmati of Medenine stated that the week-long border blockade that has affected trade between Libya and Tunisia “will be resolved very soon” as discussions between the two sides progress. The blockade imposed by Libyan authorities at the Ras Jedir crossing point is due to the “smuggling of subsidized goods” such as petrol according […]

Headlines Morocco

Morocco’s King Renews Pledge to Make of Sahara a Hub for Interaction between Africa, Europe

King Mohammed VI has renewed the pledge to make of the Moroccan Sahara provinces a hub for trade and human interaction between Africa and Europe and a bridge between Morocco and its African roots. This came in a message he addressed on Wednesday to the first African Congress on maintenance, preservation of road assets and […]

Europe International

France: Opinion Divided over State Payment of Salah Abdeslam’s Lawyer

Increasing number of voices, including families of Paris attacks victims, have expressed their discontent over the payment by the State of a lawyer to assist Salah Abdeslam in the process of investigations. The suspect number one in the attacks is now in custody in France. Elisabeth Boissinot, mother of a 25-year-old young woman killed in […]

Headlines Mauritania

Mauritania: President Wants Suppression of Senate

President Mohamed Ould Abdel Aziz of Mauritania Tuesday proposed the suppression of the Senate, which, he said, obstructs laws adoption. He called for a national referendum to decide over the move while giving three to four weeks to opposition parties to decide whether they will take part in the vote. “We are calling on the […]

Egypt Headlines

Egypt: State-Owned Paper Lashes out at Interior Ministry, Calls for Minister’s Dismissal

Egypt’s main state-owned newspaper Tuesday lambasted the interior ministry in an “unprecedented editorial” following the arrest of two journalists and police raid on the Press Syndicate headquarters on Sunday. Al-Ahram, one of government vibrant supporters, took millions of Egyptians by surprise as it chided state security apparatus over brutality committed on journalists over the past […]

Headlines Morocco

UAE Real Estate Group to Invest Over $ 31 Mln In Morocco

Real Estate Group Green Valley of the United Arab Emirates has announced plans to invest over $31 million to enhance its presence in thriving Morocco. According to Ali Al Salami, General Director of the UAE group, which has already projects in the North African Kingdom, Morocco’s stability and its strong friendship ties with Emirati leaders […]

Headlines Morocco

Morocco Gets $ 250 Million Financial Contribution from Kuwait

The latest historic visit made by King Mohammed VI to the Gulf region has yielded positive results at the strategic and security levels, and also at the financial scale. The royal tour has prompted Kuwait to speed up its due financial contribution to Morocco within the frame of the GCC pledges made to the North […]