Egypt Strives to Attract Foreign Investment

The Egyptian government is putting the final touches on new foreign direct investment (FDI) council to be launched very soon in a bid to drain more foreign capital needed by the North African country to support its battered economy. President Abdel Fatah al-Sisi has given green light for setting up a Higher Council for Investment. […]

Libya: NOC Chairman said 70% of Libyan land remains unexplored

Farhat Bin Qadara, Chairman of the Board of Directors of the National Oil Corporation (NOC), revealed on December 2 that a staggering 70% of Libya’s land remains unexplored, underscoring the vast untapped potential within the country’s oil sector. This revelation came during a series of workshops in Cairo, organized in collaboration with the US Department […]

Middle-Income Countries Can Be New Drivers of Regional and International Development

Morocco has called on the Middle-Income Countries to build on their assets in order to be the new drivers of regional and international development in the new world order taking shape. In his opening address made Tuesday at the High-Level Ministerial Conference on Middle-Income Countries, currently in held in Rabat, Moroccan foreign minister Nasser Bourita […]