locomotives

Egypt: the country has a large consumer base

Mansour group is planning to sell its supermarket chain, Metro, and discount grocery store Kheir Zaman. Majid Al Futtaim (MAF) has set its eyes on the supermarket in a deal estimated around $200 to $300 million. Egypt’s largest supermarket chain is Metro. It is present in 10 cities with more than 40 outlets. MAF gained […]

Libya will invest $140 billion in reconstruction

Libya could be investing $140 billion on infrastructure, energy, utilities and industry to assure a sustainable future within the next 10 years of the rebuilding process. A major business conference dubbed “Libya Projects 2013” will be organized by MEED, in association with Business Mirror from the 3rd – 5th of June, to verse local and […]

Morocco among three Arab countries prepared to host World Cup- FIFA chief says

FIFA chief Gianni Infantino said Morocco, together with Saudi Arabia and Egypt, were the only best-placed Arab nations to host the World Cup. “The three countries have excellent infrastructure. The Arab World deserves to host such a football tournament,” said Infantino in an interview with MBC TV channel. Morocco has made five bids to host […]