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Cairo-based Hassan Allam Holding mulls plans to invest $150m in Morocco
Egypt’s leading engineering, construction and infrastructure company, Hassan Allam Holding, is considering investing up to $150 million in renewable energy and seawater desalination, in Morocco, the company’s CEO Amr Allam told Asharq Business in an interview. “If we entered a partnership in a renewable energy plant with a capacity between 50 and 100 megawatts (MWs), […]
WB Confirms IMF Forecast: Morocco’s Growth to Reach 4.6 % in 2021
Morocco’s economic growth is expected to rebound to 4.6 pc in 2021 as drought conditions ease, policy remains accommodative, and virus and vaccine trends are favorable, says the World Bank in its latest report on global economic prospects. The updated WB projections, which are taking into account various external and internal factors, confirm the International […]
Air travel in EAC region should be made more affordable for citizens
The cost of air travel within the East African Community (EAC) region is still very high, which is also due to high operating costs and onerous visa requirements experienced by African airlines, regional legislators and a senior airline executive have complained. The East African Legislative Assembly (EALA) has recently called on EAC member state leaders […]



