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. […]

Palestine: Gaza’s strangled economy has days numbered, WB report

A 40-page analysis report drafted by Steen Lau Jorgensen, World Bank’s director for Gaza and the West Bank, has highlighted that Gaza’s economy is “on the verge of collapse” due to restrictions, poor governance and internal struggles. The report described Gaza’s economy as the worst in the world with almost half of the 1.8million people […]

Morocco-KSA: towards an enhanced anti-terror cooperation

There is every indication that Morocco and Saudi Arabia are poised to enhance their cooperation in matters of anti-terrorism struggle and to further the coordination of their efforts in security and intelligence sharing. The message addressed on Monday by King Abdullah Ben Abdelaziz of Saudi Arabia to Morocco’s Mohammed VI surely falls in the context […]