Rene trabelsi

Tension brews in Horn of Africa as Egypt sends military aid to Somalia irking Ethiopia

Egypt has sent two military aircrafts loaded with arms and ammunition to Somalia, in a move that triggered the fears of Ethiopia. Relations worsened when Ethiopia and the breakaway Somaliland signed a memorandum of understanding to use 20 km of coastal land for a port purpose in return for recognition as a state. Somalia opposed […]

Egypt: OCI’s Amsterdam relocation gets green light

Egypt’s Orascom Construction Industries (OCI) said shareholders had approved its offer to acquire its ordinary shares listed in Cairo in exchange for cash or OCI shares listed in Amsterdam. Shortly after the report, the company’s shares rose 1.7% to 267.86 Egyptian pounds at the close in the capital, the strongest since January 22nd. The stock […]

Morocco: Kenitra Rail Station Wins World Architecture & Design Award

The new railway station of the Moroccan city of Kenitra has won the Special Prize Exterior of the 2019 World Architecture & Design Award (Prix Versailles). The awards ceremony was held Thursday at the UNESCO headquarters in Paris. The prize is a recognition of the efforts made by King Mohammed VI for the development of […]