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Egypt-Kuwait Holding announces $500m investment over next five years
Egypt-based investment company, Egypt Kuwait Holding Co SAE (EKH), will invest $500 million over the coming five years, CEO Sherif El-Zayat has revealed. El-Zayat said the company will invest $100 million a year and has made available $100 million to seize any acquisition opportunities during the upcoming period. In this vein, the firm already decided […]
Guinea to revamp two-star Labe tourism hotel
The Guinean tourism ministry has signed a deal with SAB-TRANSIT SAU to refurbish and expand state-owned two-star tourism hotel Labe located in Labe, the capital of “Moyenne Guinee”, as part of the West african country’s efforts to revamp tourism potential, local reports say. Alpha Soumah, Minister of tourism signed an agreement with Elhadj BAH Mamadou […]
Algeria says no to E.U drone airbase
The European Union (E.U) is finding it difficult to find allies on the South bank of the Mediterranean Sea that will help it fight against illegal migration to Europe. The latest setback came from Algiers after a diplomat revealed that a request for an E.U airbase for unmanned reconnaissance drones to fight against human and […]



