Egypt inks 3 framework agreements for car manufacturing with international, local car companies

The Egyptian government signed Thursday three framework agreements for automobile manufacturing with the aim of to achieve bonded cooperation between Egyptian government representatives and companies, working to achieve the goals of the National Automotive Development Program. The agreements were signed by representatives of the government, including Amr Noureldin, Legal Advisor to the CEO of the […]

Euro hits record high on Algeria’s black market amid currency crisis

The euro surged to a new historic high on Algeria’s black market in November, trading at up to 27,450 dinars for a 100-euro note, marking a deepening pressure on the informal currency exchange system. Buyers are offering between 27,050 and 27,150 dinars, widening the gap between buying and selling rates, Algerian outlet Maghreb Emergent reported. […]

In Detaining OCP Vessel, South Africa Puts Ideology before Justice- American Enterprise Institute

In detaining a vessel loaded with Sahara phosphates bound for New Zealand, the ruling party in South Africa, the ANC, is reconnecting with its anachronistic populist marxist ideology, putting politics above justice in a hostile action that threatens to derail a peace process led by the UN, said the US public policy think tank, The […]