el salvador President Nayib Bukele with Moroccan FM

Historic Gibraltar tunnel project moves forward with groundbreaking engineering study

A landmark underwater rail tunnel project connecting two continents has entered a crucial new phase as engineering feasibility studies commence, marking a historic step in Mediterranean infrastructure development. The ambitious infrastructure project, which will link Morocco and Spain through the Strait of Gibraltar, has selected a world-leading tunneling technology firm, Herrenknecht Iberica, to conduct the […]

International air travel to Africa surpasses pre-covid arrival, revenue levels

The full resumption of operations on international routes by African airlines and also the return of Chinese tourists to Africa have contributed to the fact that some countries on the continent have now surpassed pre-covid arrival numbers and revenue levels. Three African countries — Egypt, Kenya, and South Africa — are now on China’s list […]

French Schneider Electric mulls €30-million investment in Egypt until 2025

French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory in Badr City, the company’s Northeast Africa and Levant Cluster President Sebastien Riez said in an interview with CNN Business Arabic, ‘Arab Business’ reports. €10 million of the €30 million […]