Power-station egypt

Libya: Arab League stops short to name foreign hands behind military escalation

The Arab League envoy to Libya has accused foreign countries of fanning the military fighting in Libya but stopped short to name these countries, such as Saudi Arabia, UAE, France believed backers of Khalifa Haftar’s Libyan National Army (LNA) in its advance to take control of Tripoli. In an interview with Anadolu Agency, al-Jamali griped […]

Peugeot to build its MENA region plant in Morocco

The French carmaker PSA Peugeot Citroen plans to open a plant in Morocco to meet the needs of the Maghreb and other African markets, a source close to the group said, confirming the information published earlier by Bloomberg. The project that could be formalized early June will have an initial capacity of nearly 100.000 units. […]

Three African countries named rising stars of global trade

Standard Chartered which has recently released its Trade20 Index, identifying the 20 world economies with the greatest potential for commercial growth, has listed three African countries as rising stars of global trade. These are Côte d’Ivoire (top), Kenya (3rd) and Ghana (13th). The study, which examined 66 markets around the world, found that while existing […]