Mohamed Abbadi has been elected earlier this week secretary general of Al Adl wa al Ihssane after the demise of the founder and spiritual leader of the Moroccan outlawed Islamist association, Abdessalam Yassine. Mohammed Abbadi, Yassine’s closest friend who was sometimes called his “Black Box”, will lead the association for a five year term, not […]
Headlines
“New Tunisia” sold to Turkish investors
Prime Minister al-Jabali said he was honored when addressing the Sixth Turkey Sectoral Economic Council meeting held at the twin towers of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) in Ankara. Both countries exchanged mutual appreciation and support and acknowledged to work together in widening it by increasing contacts to develop areas […]
Morocco moves to institute unemployment benefits
Moroccan authorities, the employers’ association, CGEM, trade unions and the social security fund, CNSS, have finally agreed to institute unemployment benefits to ease the strain of the global financial crisis that is sparing no country. The project to set up such an allowance was first tabled some 12 years ago but several obstacles have so […]
Tunisia: Ben Ali family belongings for Sale
The Tunisian authorities are putting up for auction thousands of luxury items that were once owned by toppled dictator Zine El Abidine Ali and his family. They hope to raise at least 10 million euros to fund several development projects. The list of goods put on sale includes a pair of miniature gold sphinxes, a […]
Algeria: Renault plant subcontracts only local enterprises
After the signing of agreements between the government of Algeria and Renault#, the news of subcontractors has been delivered to the public and it has been appreciated by the local businesses in the domain. It has been revealed that several components which will be need by Renault at its production plant in Oued Tlélat, Oran […]
Egypt: Supermarkets gaining investors attraction than banks
Reports have been claiming that Dubai’s Majid Al Futtaim# (MAF) was in talks with Egypt’s Mansour Group# to buy its supermarket business in a deal valued at $200 million to $300m and it has led to Arabian Gulf firms present in Egypt to develop a zeal for expansion despite low valuations. It’s also signaling a […]
Libya Closes borders as War Clouds Gather in Mali
The newly formed Libyan government has ordered the temporary closure of the country’s borders with four of its neighbors and declared the southern region a restricted military zone. The land borders with Chad, Niger, Sudan and Algeria were shut in a bid to better control and fight “illegal immigration and illicit activities such as arms […]
Algeria Gets € 45 Mln Financial Support from EU
The European Commission has approved two new cooperation programs worth € 45 million destined to help Algeria modernize its public administration and diversify its economy. The first program worth 15 million Euros will support the efforts made by the Algerian authorities for the diversification of their economy which remains heavily dependent on oil and gas […]
Libya to Build New Airport Terminals in Benghazi & Misrata
The Libyan authorities are planning to build new terminals in the airports of Benghazi & Misrata to meet rising passenger & trafic demand in these two cities, former rebel strongholds during the popular bloody uprising that led to the collapse of the autocratic regime of Moammar Gadhafi. These new terminals will be built by South […]
Driss Lachgar’s Election Leader of the USFP, the End of an Era
Driss Lachgar, a career lawyer, a Parliamentarian and a former Minister, was elected Sunday First Secretary of the Moroccan Socialist Union of Popular Forces (USFP), at the end of the second round, in replacement of Abdelouahed Radi. Lachgar was elected with an overwhelming majority as he won 848 votes against 650 for his contender Ahmed […]









