First Independent Mena Newspaper
The Algerian government’s decision to ban imports of new cars has led to vehicle shortage and soaring of prices of used cars in a country that failed to launch its own car industry. In Algiers, one can buy an old car for the price of a new car as the country adopts measures to keep […]
Haftar and Turkey traded warnings over the weekend threatening to sap the UN-led peace efforts to end the infighting and political divisions in the oil-rich country. During his visit to Libya, Turkish defense minister Hulusi Akar said Turkey’s forces in Libya will retaliate against any attack by rebel general Khalifa Haftar. “A war criminal and […]
The Algerian government has devalued the Dinar on the back of dwindling foreign exchange reserves provoking high inflation and concerns of violent unrest. Since the end of the era of expensive oil in 2014, the Algerian dinar took a plunge and now trades for 200 dinars per Euro in the black market. From 200 billion […]
The Chinese group Citic Dicastal, world leader specializing in aluminum casting and in the production of aluminum automotive parts, inaugurated, on Saturday in Kénitra, the second production plant for aluminum rims for a total investment of €350 million. This new plant, whose construction works were launched in November 2019, will double the annual production capacity […]
Moroccan authorities rejected Human Rights Watch allegations of violations in the Sahara and denounced the use of the New York-based rights group of human rights for political aims. The Moroccan human rights ministerial delegation deplored that HRW used a political discourse in its report on December 18 concerning the Sahara where it expressed its hostility […]
Poland’s Flyargo Company, which makes ultra-light aircrafts, will set up a plant in the Moroccan Sahara, an attractive region which offers investors huge business opportunities due to its political stability, untapped resources and position as a gateway for Africa. The announcement was made by Flyargo CEO Krzysztof Majkowski following a meeting held lately in Warsaw […]
The Italian former Defense Minister, Mario Mauro has called on the European Union to be pragmatic in its Southern Neighborhood policy, starting from the Sahara, and to place security and counterterrorism at the center of its strategy in the region, insisting that if the EU is serious about becoming a player instead of being a […]
King Mohammed VI has had this Friday a phone talk with Israel’s Prime Minister Benjamin Netanyahu, a statement from the Royal Office said. During the phone talk, the Monarch recalled the strong and special ties binding the Jewish community of Moroccan origin and the Moroccan Monarchy. Actually, regardless of relations with Israel, Morocco has […]
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has announced that it has helped Mauritania complete the deployment of the country’s first national backbone network. As an important part of the world-bank financed WARCIP (West African Regional Communications Infrastructure Program), Mauritania’s national broadband network construction project […]
A Tunisian court Thursday ordered the arrest of the leader of the Heart of Tunisia party, Nabil Karoui, accused of financial corruption and money laundering. The business tycoon and former presidential candidate was summoned to provide evidences of the source of over €43 million found in his account following an investigation into alleged money laundering […]