Egypt: Morsi’s Sentence for Spying for Qatar Sets ablaze Cairo-Doha Ties

Egypt and Qatar Saturday exchanged blazing words after former Egyptian President Mohamed Morsi was handed life sentence on espionage charges. Qatar rejected Egypt’s highest criminal court Saturday ruling which handed ousted Morsi life in prison sentence for leaking state secrets to Doha. Qatar foreign ministry spokesperson Ahmed al Romeihy lambasted the court decision, which he […]

WB Urges Morocco to Adopt New Growth Model

The World Bank urged Morocco to adopt a new growth model oriented towards boosting exports and strengthening the private sector. “Morocco’s growth model shows signs of weaknesses as it is confronted with a series of sustainability issues that risk, with varying degrees of intensity, impeding further progress,” the World Bank said in its April economic […]

Abraaj Capital and OPIC agree on joint venture

As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by US Deputy Secretary of State for Management and Resources, Thomas Nides, between one of the regions’ biggest investment institution in Egypt, Abraaj Capital, and the US Overseas Private Investment Corporation (OPIC) with plans to invest […]