Category: Business

EgyptAir Holding, Arab Investors Union ink protocol to promote medical tourism

February 13, 2023

Egyptian Aviation Company and the Arab Investors Union have penned an agreement to promote therapeutic tourism in Egypt through Arab-African cooperation, the Egyptian Ministry of ... Read More

Meeting in Italy highlights Morocco’s strategic involvement in Mediterranean region’s dynamics

February 12, 2023

Morocco’s strategic positioning and its involvement in all the dynamics of the Mediterranean region were highlighted in Rome at a meeting attended by economic, political ... Read More

Nigeria predicted to become Africa’s biggest oil refiner by 2025 — report

February 11, 2023

Nigeria could become biggest oil refiner in the region by 2025, Hawilti, a pan-African investment research firm, has predicted, a prediction that comes as a ... Read More

China-Africa digital services hub focused on facilitating trade established in Hunan

February 11, 2023

China-Africa digital services hub focused on facilitating trade established in Hunan China’s Hunan province has unveiled a China-Africa Digital Services Hub that focuses on cross-border ... Read More

Arab League: Rabat calls for enhanced economic cooperation & integration

February 10, 2023

The Moroccan government has called for strengthening Arab economic cooperation and integration to counter the current economic and social challenges. Addressing the Arab Economic and ... Read More

Moody’s downgrades Egypt’s rating to ‘B3’

February 10, 2023

Moody’s Investors Service cuts Egypt’s sovereign rating by one notch to B3 from B2, saying that it does not expect the country's liquidity and external ... Read More

World Bank loans Tunisia $120m to support SMEs

February 10, 2023

The World Bank has agreed to grant Tunisia a $120 million loan earmarked to facilitate access to funding by Small and Medium Enterprises (SMEs). The ... Read More

Africa holds key to global food security, OCP chief tells FT

February 9, 2023

Africa holds the key to global food security because it has 60% of the world's unused arable land, chairman and CEO of Morocco’s OCP Group, ... Read More

Private investment, Morocco’s way forward to bolster growth

February 9, 2023

Over the past two decades, investment in Morocco amounted to 30% of GDP annually, in an effort led by the state. This model has hit ... Read More

Australian Fortescue Metals Group inks iron deposit mining deal with Gabon

February 9, 2023

Australian iron ore company, Fortescue Metals Group, has signed a deal with Gabon, to explore an iron ore deposit in Belinga, north-east of the country, ... Read More