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Maersk unveils plans to invest $500m in Egypt’s Suez Canal
Danish shipping company Maersk is planning to inject around $500 million worth of investments into the Suez Canal Container Terminal in East Port Said, statement issued by the Suez Canal Authority (SCA) indicated Thursday. The money will go into the development of a new container dock with a length of 1,000 meters beside the current […]
Ecuador seizes over 600 kg of cocaine bound for Tunisia
Police in Ecuador seized 656.7 kg of cocaine dissimulated in a container bound for Tunisia, Business News reports. Fausto Buenaño Castillo, Chief of the Latin American country’s police, told media that security forces found the cocaine hidden in a container supposed to carry banana, during an operation dubbed “Víspera”. The drug shipment, estimated at $42 […]
French PSA Group Injected €280 million in its New Kenitra Plant
King Mohammed VI chaired on Thursday in the province of Kenitra the inauguration ceremony of the French PSA group’s ecosystem in Morocco, a project that required a €280 million investment and that confirms the thriving car industry in the North African Kingdom. On this occasion, the Sovereign inaugurated the PSA group’s new plant, expected produce […]



