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Morocco to spend $1bln to upgrade urban transports
Morocco will earmark 1 billion dollars to buy new buses in different Moroccan cities as part of a 2024-2029 urban transport modernization plan, the interior minister Abdelouafi Laftit said. In total, Morocco would need 3500 new buses in 32 cities as part of an investment that also includes the upgrade of ticket machines and stations, […]
Egypt signs $13m contracts with three gold mining companies
Egypt has given five new gold exploration contracts worth $13 million to three mining companies in the back of 11 others. The contracts, Arab Finance reports citing a cabinet statement, include a $9 million (EGP 141.49 million) agreement with Canada’s Lotus Gold to explore 11 blocks; a $3 million (EGP 47.16 million) deal with Mining […]
Joint Arab Force Project Moving Forward Slowly but Surely
Defense ministers and army chiefs of staff of Arab countries met lately in Cairo to discuss the project of setting up a joint military force to be deployed to defend common interest and ward off terror threats. The idea to create a joint Arab army came up after Saudi Arabia and its Arab allies formed […]


