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White House discusses Al-Qaeda Threat in North Africa

The terrorist threat posed by Al-Qaeda’s branch in North Africa was at the center of secret meetings held lately by the White House, says the Washington Post, noting the U.S. administration has started seriously considering the possibility of launching a strike against that extremist Jihadist group. The secret meetings looked into ways of helping regional […]

Morocco set to reduce its industrial trade deficit

Morocco has launched an ambitious plan to cut its trade deficit by $3.7 billion by offering incentives to local investors to produce imported goods locally, Morocco’s trade minister said. So far 731 industrial projects were eligible for state subsidies, of which 90% will be funded by a Moroccan capital, minister Riad Mezzour told MPs. Most […]

Russian EVs producer Concordia to set up manufacturing factory in Egypt

Concordia, a Russian manufacturer of electric vehicles (EVs), will set up an EV components manufacturing factory in Egypt as part of deal with real estate developer GV Investments. Per the partnership, GV Investments will provide the plot of land needed for the project and construct the factory, reports say. The future factory is expected to […]