Bombardier Aerospace, one of the world’s leading aircraft manufacturers, announced it started producing components at a transitional facility in...
Tunisia: PAR and Sondes waiting on partnership
Since the conclusion of a preliminary agreement with Canadian oil and gas exploration and production company Sonde Resources in December, PA Resources...
Egypt Gets $6 M from IFC to Promote E-Payments
International Finance Corporation (IFC), a member of the World Bank Group, has announced $6 million investment in Fawry, Egypt’s leading electronic pa...
IMF Reaffirms Morocco’s Qualification to Access PLL
The International Monetary Fund Executive Board has reaffirmed Morocco’s continued qualification to access the Precautionary Liquidity Line (PLL) reso...
Morocco Approves Foum Draa Block Farm-out Agreement
Moroccan authorities have approved an agreement between San Leon Energy, Serica Energy and Longreach Oil and Gas on the one hand and Cairn Energy, on ...
Egypt: Morsi Launches New Strategy in Berlin
In what seems to be a desperate call due to the continuous deteriorating economic situation in his country, Egypt’s president Mohamed Morsi has launch...
Egypt: Big companies speak out
Criticism has started coming from Egyptian big companies which complain that they are being neglected by the government. They blame the government for...
Egypt Pins All Hopes on IMF to Stabilize Economy
Egypt was pinning great hopes on the International Monetary Fund (IMF) promised loan to boost its economy, stabilize the country and attract investors...
Kanosak to Exploit Gold in Mauritania
Kanosak Capital Venture Corporation has announced that it has acquired 90 percent interest in ‘’la Société Mauritanienne d’Exploration’’ (“...
Egypt: boosting the economy
Egypt might be taking a new approach towards small and medium-sized enterprises (SMEs) in the economic sector after a report was submitted to the Nati...