algeria

Washington presses Saudi Arabia, UAE to end Qatar’s isolation benefiting Iran

The US has ramped up pressure on Saudi Arabia and the United Arab Emirates to end the three-year old diplomatic feud with Qatar on grounds that the crisis generates revenues for embargo-hit Iran. The Trump administration is taking a new tack in trying to resolve a three-year-old Gulf crisis by pressing Saudi Arabia and the […]

Chinese Midea Group contemplates acquiring Electrolux Group’s Egyptian Zanussi

The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]

Morocco: Trial for Murder of Two Scandinavians Postponed

A Moroccan court decided Thursday to postpone until May 16 the hearing of the case against the suspects involved in the killing last December of two Scandinavian tourists in the High Atlas mountains. A total of 24 persons, including a Spanish-Swiss convert to Islam, are expected to appear before a criminal court in the city […]