The Public Investment Fund (PIF) of Saudi Arabia launched the Saudi-Egyptian Investment Company (SEIC) that will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals. The fund in a statement said SEIC is interested in the country’s promising sectors including infrastructure, real estate development, healthcare, financial services, food and agriculture, manufacturing, […]
US State Department’s 2016 predictions for troubled zones in world points at the Middles East as the most dangerous zone while it categorizes Morocco as the safest place in the MENA region, reports say. The US State Department has classified Morocco among countries to enjoy peace in 2016 contrary to most countries in the North […]
A court in Sudan last weekend convicted former President Omar al-Bashir on corruption charges and sentenced him to a two-year detention in a reform facility. Dressed in traditional white robes and a turban, Bashir watched silently from inside a metal defendant’s cage while the judge read out the verdict on Saturday. Al-Bashir ruled Sudan for […]
