SDX_Energy

Egypt Air to be restructured after almost $1bn loss

State-owned aviation company, Egypt Air Holding, will be undergoing a radical restructuring after it lost almost one billion dollar within 4 years. Sabre Airline Solutions, an airline advisory firm in Texas, has been contracted to help the company get back to its heydays. The plan is expected to last for five and half years. Egypt […]

Regional Conflicts & War on Terror Top Agenda of Arab Summit

Arab leaders opened Wednesday in Jordan their annual summit with focus on resolving conflicts and war against terrorism in the region. The Agenda also includes debates on latest developments of the situation in Syria, Iraq, Libya, Yemen and the Israeli-Palestinian conflict. Many Arab countries especially of the rich-oil Gulf monarchies blame Iran for its intervention […]

Marrakech readies for IMF-WB meetings

Marrakech, the Red city, has been well-prepared to host the IMF-World Bank annual meetings, a few weeks after a devastating earthquake killed some 3000 people. The city was spared the severe damage suffered in the Atlas Mountains where whole villages have been wiped out. Moroccans raced the clock removing the rubble and making a facelift […]