Sebou gas project

EU loans Tunisia €200m for SMEs financing

Tunisia has ratified a loan agreement with the European Union for €200 million to be tapped by the country’s Small and Medium Enterprises (SMEs). The deal for the credit line which includes €50 million in form of grant, was signed back in June last year and covers the 2021-2023 period. The financing aims to boost […]

Italian Cities Back Morocco’s Autonomy Plan for Sahara

Eighteen Italian cities have voiced strong backing to the autonomy plan offered by Morocco for a lasting resolution of the Sahara conflict. In a joint statement released lately, the mayors of eighteen Italian communes of Canavese, in the Piedmont region, “welcomed the process of advanced regionalization which provides for a new, more dynamic policy in […]

Samsung factory to supply ME and Africa from Egypt

Technology giant, Samsung Electronics has announced that it will be establishing a factory in Egypt; making it the first of its kind by the company in the MENA region. The factory which will be located at the Kom Abu Radi Industrial Zone in Al Wasta City, Beni Suef will be covering 336,000m². The announcement was […]