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Egypt to buy 50 new locomotives from Siemens giant
Egypt Railway Authority is in the process of buying 50 new locomotives from German multinational conglomerate company as the most populated Arab country embarks modernizing its rail way sector. The deal which is in the pipeline according to Arab Finance Brokerage includes maintenance works for 50 of Siemens Henschel, a model that has been efficiently […]
Chinese company considers $2bn investment in cast-iron pipes, steel industry in Egypt
Shen Ching, a Chinese company producing cast-iron pipes and steel industry, has announced plans to invest $2 billion in Egypt’s Suez Canal Economic Zone. Head of the Chinese firm, He Kijo, made the announcement during a meeting with Prime Minister Mustafa Madbouli in Egypt. The project is set to be built on an area of […]
King Mohammed VI spearheads Morocco’s social protection effort
King Mohammed VI has spurred a national program that puts the promotion and generalization of social safety nets at the heart of the country’s development model and as a lever of social cohesion. Under orders from the King, the government has gradually rolled out a social protection program that includes mandatory health coverage for all […]



