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Egypt to Earmark $9 bln to Revamp Refineries
Egypt plans to upgrade six oil refineries to increase local production of refined products, Petroleum Minister, Tarek El Molla, said during a conference in Cairo Sunday. The refineries refurbishment to be conducted over four years will cost about $9 billion, the official said, adding that Egypt is trying to secure crude oil supplies for Egyptian […]
Egypt ranks among the Top 10 African Nations for infrastructure improvements
A recent report by Business Africa has identified the top 10 African nations with the most improved infrastructures in 2023, highlighting five Arab countries: Egypt, Morocco, Algeria, Tunisia, and Libya. The report underscores the strategic partnerships being formed among African Governments, private sector investors, and international financial organizations to address the continent’s infrastructure financing gap. […]
Morocco reopens its embassy in Damascus, launching new era in two countries’relations
Morocco reopened its embassy in Damascus last Sunday, with all its administrative services resuming their activities. King Mohammed VI had announced in his speech to the 34th Arab Summit, held on May 17 in Baghdad, the Kingdom’s decision to reopen its Embassy in Damascus, which was closed in 2012. The Monarch had affirmed that this […]



