Africa Business Headlines Morocco

Volkswagen Reportedly Chooses Morocco not Algiers

It seems that Morocco has won another battle against its neighbouring arch-rival Algeria, member of the OPEC cartel. After months of secret negotiations with the two countries, German automaker Volkswagen is believed to have finally picked Morocco to install its new plant following suit of French groups Renault and Peugeot-Citroen. According to sources close to […]

Headlines Libya

Libya: GNC announces its come-back to Dialogue Talks in Geneva

The Turkey-backed Libyan General National Congress surprisingly announced it will take part in the Libyan Dialogue process due to continue this Thursday in the Swiss city of Geneva after it had earlier dismissed the UN envoy’s invite to return to talks. The GNC said it would be present in Geneva after it managed to re-organize […]

Finance Headlines Tunisia

Tunisia: towards implementation of 2016/2020 development plan

The Tunisian cabinet held a meeting on Wednesday to discuss the five-year socio-economic plan that will serve as a guideline and framework of the post-revolution development plan. The government hopes that the implementation of the plan due to begin next year will pave the way for the country to be part of the world’s emerging […]

Algeria Headlines

Algeria: Titanic changes at Air Algérie

Algerian Minister of Transport announced earlier this week a major change at the state-owned airline which will be transformed into a corporation made of different companies. Transport Minister Boudjema Talai said the change is necessary in light of the audits which unveiled “a catastrophic management” of the company. “On the basis of the results of […]

Headlines Libya

Libya: HoR sends names for Premiership position to Leon

Libya’s internationally recognised Parliament Tuesday sent a list of its nominees for the post of Prime Minister and Deputy Prime Minister in the future Government of National Accord to UNMIL Chief Bernardino Leon. The House of Representatives (HoR) of the internationally recognised government operating from Tobruk finally sent its list of 12 nominees to the […]

Headlines Morocco

“I want 3 Mln Euros,” says French journalist Eric Laurent to Give up His Book

“How much do you want to drop your book project on Morocco and monarchy?” asked the lawyer of King of Mohammed VI, addressing French journalist Eric Laurent. “I want three,” replied bluntly Laurent. “Three what ?- three thousand ?” asked the lawyer . “No, three million,” said Laurent. “Three million dirhams?” asked the lawyer “No, […]

Algeria Headlines

Algeria targets 13% gas production increment by 2019, Energy Minister

Algerian energy minister Salah Khebri has stated that the country plans to boost its natural gas production capacity which has been on the decline for the past couple of years. He said the objective is to increase production by at least 13% before the end of 2019. Its low gas output has affected government programs […]

Egypt Headlines

Egypt: al-Sissi promises peaceful Parliamentary elections

Al-Sissi Monday promised to ensure a peaceful unfolding of the parliamentary elections set for October and November. The Egyptian president who has been running Egypt without any elected parliament is under international fire which criticizes him of ruling the country with iron hand and failing to materialize his promise to organize free, fair and democratic […]

Headlines Libya

Libya: Car bombing hits Tripoli, damaging Eni office

A car bombing attack rocked the Libyan capital Tripoli Monday wounding one person and damaging the Italian gas company giant Eni office. Witnesses of the incident told reporters two cars exploded no far from the offices of Mellitah Oil and Gas, a joint corporation belonging to the Italian giant Eni and the Libyan government. The […]

Headlines Tunisia

Tunisia: Militants threaten to attack online media

The Tunisian ministry of interior told Tunisian online media outlets Monday to be on the alert as it received tip-off that militants are plotting to attack them. The media in questions include Business News, Akher Khabar, Hakaek On line. The ministry indicated that Ifriqyia, an online media belonging to the terrorist group “Okba Ibn Nafee” […]