Covid-19: World Bank lends Morocco $48 Mln to enhance health services

The World Bank has approved a $48-million loan to Morocco to enable the country mitigate the impacts of the coronavirus pandemic which has so far infected 8,985 people in the North African Kingdom, killed 212, while 7,960 others recovered. The loan, which is part of an ongoing Program for Results project, approved in 2015, aims […]

China’s Hengtong to manufacture fiber-optic cables in Egypt

Chinese power and fiber optic cable manufacturer Hengtong will set up a plant in Egypt to produce fiber cable as result of a deal between the Chinese company and the Suez Canal Economic Zone (SCZONE). Hengtong will invest $18 million for the project with a capacity of up to 2 million kilometers in the zone. […]

Libya: Car bombing hits Tripoli, damaging Eni office

A car bombing attack rocked the Libyan capital Tripoli Monday wounding one person and damaging the Italian gas company giant Eni office. Witnesses of the incident told reporters two cars exploded no far from the offices of Mellitah Oil and Gas, a joint corporation belonging to the Italian giant Eni and the Libyan government. The […]