Tunisian army

Saudi, Qatari investors may follow UAE in ‘buying up’ Egypt’s coastline

Only days after the announced $35 billion deal with the UAE for the development of Ras al-Hekma on its Mediterranean coast, Egypt is reportedly also targeting investors from Qatar and Saudi Arabia offering them prime Red Sea coastal land in Ras al-Ghamila in South Sinai for sale as part of Cairo’s attempt to inject cash […]

Moroccan Prime Minister hints at upcoming reshuffle

Head of the Moroccan government Aziz Akhannouch said his cabinet needed a reshuffle as the government assesses its mid-term achievement. Speaking to his RNI party members at a rally, Akhannouch defended his cabinet saying he ensures “to guarantee harmony and cohesion within the government’s majority.” The specter of the change of PAM leadership hovered around […]

Egypt Gets $6 M from IFC to Promote E-Payments

International Finance Corporation (IFC), a member of the World Bank Group, has announced $6 million investment in Fawry, Egypt’s leading electronic payment provider, in an effort to promote financial services and encourage economic development across the country. IFC’s investment will help Fawry embark on expanding its network of payment terminals across the country to make […]