Burundi Retiring President Pierre Nkurunziza

Chinese wind turbine developer Aeolon to open up its first international plant in Nador

Chinese company Aeolon, specializing in the production of next-generation wind turbine blades, announced the beginning of the construction works of its first overseas plant in Morocco’s Nador Industrial Acceleration Zone. The plant, requiring an initial investment of €220.8 million, will produce wind turbine blades for markets in Europe, Africa, and the Middle East. It is […]

Egypt featured among unhappy countries, 2014 Country Well-Being Rankings Report

The 2014 report of populations’ well-being indicates that Egypt has slid into a country with no hope and acute economic stress according the Gallup Center on Wednesday. Egypt ranks 129th among 145 countries covered by the 2014 State Well-Being Rankings Report. Egypt is ranking below war-torn Iraq and Yemen. Panama ranks top of Well Being […]

Egypt’s Suez canal generates revenues of $6.24 billion

Egypt gained $6.24 billion in revenues from the Suez canal, that is a 5.14% rise compared to last year. The Egyptian government set the target of doubling that figure to $13 billion by 2023 as it sees growth against the backdrop of improved security conditions and improved trade between Europe and Asia. The canal is […]