30
May
Algeria-MercyTech Meetup
Algeria-MercyTech Meetup

Algeria-MercyTech MeetupOn May 13, 2024, the HABA Institute in Algiers hosted the first Algeria-MercyTech Meetup, an innovative event aimed at strengthening the technological innovation ecosystem in A...

19
October
IMF: Liberalizing the Moroccan dirham requires reducing inflation to 2%
IMF: Liberalizing the Moroccan dirham requires reducing inflation to 2%

The head of the International Monetary Fund mission to Morocco, Roberto Cardarelli, said that Morocco’s progress in reforming the dirham exchange rate system requires the fulfillment of two basic cond...

29
September
Morocco.. The Executive Board of the International Monetary Fund approves a loan worth $1.3 billion from the Resilience and Sustainability Fund
Morocco.. The Executive Board of the International Monetary Fund approves a loan worth $1.3 billion from the Resilience and Sustainability Fund

Yesterday, Thursday, the Executive Board of the International Monetary Fund approved a loan worth $1.3 billion to Morocco from the Resilience and Sustainability Fund.The International Financial Corpor...

29
September
Morocco : Al Haouz earthquake... All energy facilities are operating normally
Morocco : Al Haouz earthquake... All energy facilities are operating normally

The Ministry of Energy Transition and Sustainable Development confirmed that all energy installations are operating normally, following the earthquake that struck Al Haouz Province and neighboring pro...

29
September
The International Dates Forum in Erfoud is a distinguished interface for the development of the date palm chain in Morocco
The International Dates Forum in Erfoud is a distinguished interface for the development of the date palm chain in Morocco

The 12th session of the International Date Palm Forum in Morocco, which will be organized in Erfoud during the period between 3 and 8 next October, under the slogan “The Green Generation: New Horizons...

28
September
Morocco - Banks: liquidity requirement set at 73.5 billion DH
Morocco - Banks: liquidity requirement set at 73.5 billion DH

Banks' liquidity needs increased to 73.5 billion dirhams (billion dirhams) on a weekly average during the second quarter, compared to 69.6 billion dirhams a quarter earlier, reflecting an expansion of...

28
September
Morocco : OCP achieves a net profit of MAD 3.4 billion at the end of June
Morocco : OCP achieves a net profit of MAD 3.4 billion at the end of June

The OCP group achieved a net profit of 3.4 billion dirhams (billion dirhams) in the first half of 2023 (H1-2023), according to a press release from the group on its financial results at the end of Jun...

27
September
tunisie: Ammar, Russia's Lavrov hold press conference in Moscow
tunisie: Ammar, Russia's Lavrov hold press conference in Moscow

(TAP) - "Tunisia has always had partnership and cooperation channels with all its partners [...] it is not in Tunisia's diplomatic tradition to reject one partner for the sake of another," Minister of...

27
September
Algeria, Commerce: End of functions for the ALGEX management officer
Algeria, Commerce: End of functions for the ALGEX management officer

The Minister of Trade and Export Promotion, Tayeb Zitouni, terminated the functions of the manager of the National Agency for the Promotion of Foreign Trade (Algex), El Houari Abdellatif, the Ennahar...

27
September
Algeria, Berrahal (Annaba): The ETRHB Haddad steel complex recovered by Sider El Hadjar
Algeria, Berrahal (Annaba): The ETRHB Haddad steel complex recovered by Sider El Hadjar

In April 2023, the State completely recovered the project from the ETRHB group of Ali Haddad in the wilaya of Annaba.It's official. Sider El Hadjar will recover all the equipment from the ETRHB H...

27
September
Algeria, Amended finance law of 2023: Measures to combat tax evasion by multinational companies
Algeria, Amended finance law of 2023: Measures to combat tax evasion by multinational companies

In order to fight more effectively against tax evasion in Algeria, on the part of large foreign companies, the 2023 amended finance bill makes significant changes to the provisions of the tax procedur...

27
September
Inflation in Morocco should fall significantly in 2024 (Bank Al-Maghrib)
Inflation in Morocco should fall significantly in 2024 (Bank Al-Maghrib)

Inflation should fall from 6.6% in 2022 to 6% on average in 2023, before settling at 2.6% in 2024, estimates Bank Al-Maghrib (BAM).The underlying component would experience a similar trajectory, going...