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Moroccan Navy Takes Part in Sea Border 2016 Naval Exercise in Italy
The Moroccan navy took part in the naval exercise, Sea Border 2016, in the Gulf of Taranto in Italy on September 5-9. On this occasion, Morocco sent patrol vessel OPV-70 dubbed, Bir Anzarane, which made an outstanding performance during the joint naval exercise that brought together naval forces from the north and south of the […]
BMW distributor in Egypt unveil plans to invest $100m
The official importer and distributor of BMW in Egypt, Global Auto Group, has announced plans to inject $100 million meant to develop its services and expand its footprints in the Arab country. Fahad Al-Ghanem, Chairman of the group, made the announcement to Asharq Business, Arab Business reports. Al-Ghanem also revealed that the company will resume […]
Egypt concludes deal for the Al Nouran Sugar Project
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, and the Egyptian government have reached a financial and initial working capital terms agreement in Cairo. The agreement is essential for works on the Al Nouran Sugar Project, where an amount of $372 million […]



