The Department of State has warned Americans traveling to Algeria to “exercise increased caution” due to terror threats in this country, which is on the verge of implosion due to deep political crisis and growing social woes. “Terrorist groups continue plotting possible attacks in Algeria”, said the U.S. Department in its new travel warning issued […]
World Bank has pumped a quarter of a billion dollar in Egypt to create job opportunities. The money is channeled through labor-intensive projects with the objective of developing skills and easing the employment of people. Priority is being given to those in the poorest areas of the country such as Upper Egypt. The bank’s country […]
As Egypt works towards rejuvenating its economic activities through partnership and encouraging foreign investments, a joint venture was announced by US Deputy Secretary of State for Management and Resources, Thomas Nides, between one of the regions’ biggest investment institution in Egypt, Abraaj Capital, and the US Overseas Private Investment Corporation (OPIC) with plans to invest […]
