December 16, 2003
Fitch Ratings has today placed Moroccan Wafa Gestion's National Asset Manager Rating of aa- on Rating Watch, following the merger between Banque Commerciale du Maroc and Wafabank.
The Saudi Finance Ministry has announced a 230 billion Saudi riyal ($61.3 billion) budget for next year, up SR 21 billion compared to spending targeted for 2003. Approved at a recent cabinet session,
December 15, 2003
Moroccan singer Samira Said has revealed that she is in the process of preparing for an upcoming duet under the title of "Albi wi Albak" (My Heart and your Heart) with the Moroccan band Wama, which co
Brazilian well-known writer Paulo Coelho announced that he chose Jordan as the destination spot for his upcoming film "<i>The Alchemist<i>", which is one of the most famous books, and was a No 1 best
December 14, 2003
Saddam Hussein has been arrested in Tikrit. The former Iraqi leader has been reportedly arrested in his ancestral hometown of Tikrit, according to the
Leader of the Algerian outlawed party, Islamic Salvation Front, Abbasi Madani, said the Sahara issue is an "artificial" one part of a "colonial plan"
Israeli troops assassinated an Islamic Jihad activist Sunday just outside a village near the West Bank city of Ramallah, the army said.
In a sign of warming relations, Morocco and Spain have agreed to build a 39-kilometer rail tunnel under the Mediterranean Sea, effectively linking Europe to the Middle East. The initial cost of the ch
December 11, 2003
Free trade negotiations between Morocco and the United States broke down this week over disagreements on access to US wheat, beef and poultry. Both sides hoped to finalize a free trade agreement by th
US Treasury Secretary John Snow met with James Baker, a former secretary of state and a former secretary of the treasury, in Washington December 10, 2003 to discuss US efforts to restructure and reduc
December 10, 2003
The Board of Directors of the African Development Bank has approved a €215 million loan to finance the water sector adjustment program in Morocco. Funding of the program will be in the form of budget
The Board of Directors of the African Development Bank has approved an $87.3 million loan to finance the second phase of a railway infrastructure project in Tunisia. The total cost of the project is
December 4, 2003
Twelve Palestinian factions, including Fatah and Hamas, on Thursday started talks in Cairo aimed at halting attacks on Israelis and reviving peace neg
U.S Secretary of State Colin Powell was received Wednesday by Algerian President, Abdelaziz Bouteflika. Colin Powell, who arrived Wednesday afternoon
Moroccan singer Raja Bil Maleeh announced that she is in the final stages of her healing process from breast cancer and is hopeful of returning to her normal life in the soonest time possible