Headlines Morocco

MedCOP Climate Calls for Collective Mobilization to Fight Climate Change

The second Conference of Parties of the Countries Bordering the Mediterranean on Climate Change (MedCOP Climate 2016) held in Tangiers July 18-19 called for a collective mobilization to fight climate change and stressed the need to implement appropriate actions adapted to the specificities of Mediterranean territories. The final document adopted by the conference, meant to […]

Algeria Headlines Uncategorized

Algeria: Lower house approves Investment bill limiting 49:51 rule

The People’s Assembly, Algeria’s lower house of parliament, adopted the 37 amendments of the bill on the promotion of investment and limited the controversial and strongly criticized 49:51 investment rule to “strategic sectors” only. The amendments were proposed by the committee of economic, development, industry, trade and planning affairs of the Assembly. The minister of […]

Columns Headlines Opinions

No sooner said than done!

By Sabah Lebbar On Wednesday, Morocco and China signed a joint statement establishing a strategic partnership between the two countries. Under the joint statement, the two countries vowed to deepen cooperation in areas including petroleum, mining industry, agriculture, environmental protection, ocean fisheries, infrastructure construction and digital communication. They also pledged to expand cooperation in renewable […]

Algeria Energy Headlines

Algeria: Sahara Solar Breeder project, an end to oil energy dependency?

Algeria which is badly hit by the collapse of oil prices on the international market is trying to end its heavy dependency on oil and to diversify its energy production. One of the alternatives raising Algerian authorities’ optimism is the Sahara Solar Breeder project (SSB) being developed in cooperation with Japanese researchers. Algerian and Japanese […]

Algeria Headlines

Deal with Turkish company to revive Algerian textile industry

State-owned Société de Gestion des Participations Industries Manufacturières (SGP-IM) has concluded an agreement with Taypa Tekstil Giyim, a Turkish company, to construct a multi-million dollar textile-clothing industry center in Algeria. The partnership is a part of the government’s efforts to promote joint public-private venture in the country and to attract foreign investment. The North African […]

Headlines Tunisia

“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 […]

Headlines Tunisia

Tunisia: Agricultural products aiming higher markets

The implementation of a project destined to ease and improve market accessibility of Tunisia’s harissa, Djebba fig and prickly pear produce is being done by the United Nations Industrial Development Organization (UNIDO) and funded by the Government of Switzerland’s State Secretariat for Economic Affairs (SECO). The project will kick off from the beginning of next […]

Headlines Tunisia

Tunisia: 14.8 Percent Investment Increase in Industrial Sector

Tunisia announced that investments in the industrial sector grew by 14.8 percent during the first nine months of the current year to 2,754.2 million dinars (MD) against 2,398.1 MD, during the same period in 2011. The number of investment projects totaled 3,032 (against 2,896 the previous year), recording an increase of 4.7 percent, reported l’Agence […]