Tunis Terror Attack: Morocco’s King Condemns Cowardly Criminal Act

King Mohammed VI has strongly condemned the suicide bombings that targeted on Thursday security forces in central Tunis that killed one police officer and wounded eight. In a message sent to President Beji Caid Essebsi, the Sovereign condemned “this cowardly criminal act”, reaffirming “his full solidarity and continued support to sisterly Tunisia in the fight […]

Egypt in talks with three Chinese companies to launch production of electric cars in 2023

Egypt is in contact with Chinese companies with three potential companies for the production of electric cars in 2023 for an investment of $127 million, Bloomberg reported. The companies, no identified, will collaborate with state-run El Nasr Automotive Manufacturing Co., Public Enterprise Minister Hisham Tawfik told Bloomberg in an interview. Tawfik also the media production […]

Egypt: Riyadh offers $1.5 Billion to Finance Projects in Sinai

Cairo announced Sunday it received $1.5 billion from Saudi Arabia earmarked for development projects in underprivileged Sinai. The Saudi kingdom has already donated Egypt several billion dollars destined to shore up Egyptian battered economy and finance. The new amount, donated by the Saudi Development Fund, will finance the building of a university, 26 residential complexes, […]