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Tag: Mediterranean
UK Global Ports Holding, Preferred Bidder for Management of Casablanca Cruise Terminal
A consortium led by UK’s Global Ports Holding, the world's largest independent cruise port operator, has been awarded by Moroccan authorities “preferred bidder status” to ... Read More
Saudi, Qatari investors may follow UAE in ‘buying up’ Egypt’s coastline
Only days after the announced $35 billion deal with the UAE for the development of Ras al-Hekma on its Mediterranean coast, Egypt is reportedly also ... Read More
Egypt inks ‘historic’ $35bn deal with UAE, hoping to ease dollar squeeze, save economy
Egypt and the United Arab Emirates (UAE) have signed a landmark $35 billion investment deal to develop Ras al-Hekma peninsula on the Mediterranean coast that, ... Read More
Six hundred undocumented Egyptians to be deported from Libya
Libya has begun the deportation of 600 undocumented Egyptians who sneaked illegally into the oil-rich African country used as a launch-pad for crossing the Mediterranean ... Read More
BP mulls plans to invest $3.5bn in Egypt over next three years
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. ... Read More
Mali, Burkina Faso, Guinea distance from ECOWAS wielding intervention threat in Niger
Burkina Faso, Mali and Guinea dealt a blow to the Economic Community of West African States (ECOWAS) after they threw their support behind the junta ... Read More
Egypt extends to three months visa for foreign yachts in bid to boost sector
Egypt has decided to grant foreign yacht tourists three-month visas, as opposed to the previous one-month allowance, in a move to boost the sector. The ... Read More
Morocco calls for paradigm shift in how migration is tackled in Mediterranean
Morocco’s foreign minister highlighted at an international conference in Rome the King’s vision in favor of a solidarity-approach towards migration that breaks away with the ... Read More
EU Pledges Support to Morocco’s Efforts against Illegal Migration and Human Trafficking
The European Union pledges to support Morocco’s efforts to fight the smuggling of migrants and human trafficking in its action plan unveiled Tuesday in Brussels ... Read More
EBRD Forecasts 3.1 % Growth in Morocco in 2023
Economic growth in Morocco is expected to pick up to 3.1 per cent in 2023, announced on Tuesday by the European Bank for Reconstruction and ... Read More