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Morocco Tops North African Countries in Doing Business Rankings
Morocco was ranked the best North African country for doing business and the third in the MENA region in the annual Doing Business rankings. Morocco has slipped one place, in the report published by the World Bank, taking the 69th position globally out of 190 surveyed countries, far ahead of Tunisia (88th), Egypt (128th) and […]
AfDB helps Egypt improve railway system safety with €145m loan
The African Development Bank, AfDB, will extend Egypt a credit line of €145 million to help the country improve the railway system safety and to increase the network capacity. “The planned upgrades are expected to benefit low-income Egyptians, about 40 percent of the population, who rely on trains as an affordable mode of transport,” the […]
Egypt: Production of electric buses to begin in November
Egypt will start manufacturing electric buses as of November this year under an agreement with China’s Foton Motor. Under the agreement, Foton Motor, which designs and manufactures trucks and buses, will manufacture 2,000 buses over four years, 500 vehicles per year. Production can be increased to 5,000 buses. Minister of Military Production Mohamed […]



