OCEAN

Egypt to launch construction of first bus powered by natural gas in 2022

Egypt is mulling plans to start manufacturing the country’s first bus powered by natural gas in 2022, Minister of Business Sector, Hisham Tawfik announced, according to Arab Finance. Some 70% of the local components of the buses will be manufactured to work with natural gas, Tawfik reportedly added. The busses will accommodate 14 to 50 […]

Morocco’s 2026 finance bill advances to Upper House after approval by House of Representatives

Morocco’s Chamber of Representatives approved the 2026 Finance Bill Friday during a plenary session, and sent the draft budget to the Chamber of Councillors for further legislative review. The lower house passed the bill with 165 deputies voting in favor and 55 against, with no abstentions recorded. The Finance and Economic Development Committee received 350 […]

Guinea gives mining companies until August 31 to return export proceeds

Guinea authorities, Thursday August 3, gave August 31 ultimatum to mining companies operating in the country to repatriate at least 50 per cent of their revenues from exports. The warning came from the ministry of Mining and Geology, citing articles of the Guinea’s mining Code. Moussa Magassouba head of the department addressed the companies in […]