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Saudi mining company planning investments in Egypt
MA’ADEN, a Saudi state-owned mining company headquartered in Riyadh, is planning to invest in the Egyptian mining sector, as part of strategies by the Gulf’s largest miner to invest in mining assets around world. The announcement was made by Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla told Asharq Business in an interview. Representative […]
Army ousts Morsi from power
Egyptian army has ousted the country’s President Mohamed Morsi through “a coup” on Wednesday night, after he rejected the 48 hours deadline issued by the army to put the country back to order after numerous protests in Tahrir Square, and a nationwide unrest claiming many lives. The leader of the Army General Abdel Fattah al-Sisi […]
Burkina Faso launches new “Caisse de dépôt et d’Investissement” to finance major projects
Burkina Faso is setting a new Caisse de dépôt et d’Investissement, CDI-BF, assigned several tasks including financing of State’s major projects. The decision, “Sika Finance” reports, came during a cabinet meeting last week. The CDI-BF replaces Caisse des dépôts et consignations (CDC) created in 2017 and dismantled in 2022 for lack of results. The CDI-BF […]



