Morocco Japan joint commission

Morocco’s Akdital plans two hospitals in Saudi Arabia

Moroccan hospital operator Akdital signed an agreement in Saudi Arabia to set up two hospitals in Jeddah and Riyadh for a total cost of 200 million dollars. The investment, signed under the aegis of the Saudi Investment ministry, is the first expansion abroad by Akdital, which has 36 clinics in Morocco. Akdital signed the deal […]

Egypt: Bankruptcy evident if situation continues

President Morsi’s outstanding powers has led to demonstrations in the streets demanding him to relinquish them and it has made it effects on Egypt’s benchmark stock index is as it fell by almost 10% in the first trading session since the presidential decrees. The ongoing political tensions in an already paralyzed economy spread swiftly through […]

EU provides Egypt €6m for irrigation projects

The European Union  has granted Egypt €6 million (EGP 111.21 million) for the financing of two irrigation projects, Arab Finance reports, citing the Egyptian state. The funds allocated under the EU-Joint Rural Development Program, will be used to rehabilitate the irrigation infrastructure in Egypt’s Fayoum and Minya governorates according to the Egyptian government. The EU-Joint […]