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BP mulls plans to invest $3.5bn in Egypt over next three years
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. BP’s chief executive Bernard Looney made the announcement after meeting with President Abdelfattah al-Sisi. The investments will go towards research, exploration and development, the office of the Egyptian leader announced. […]
TE Connectivity opens its second production plant in Morocco
The world’s leading manufacturer of sensor and communication systems, TE Connectivity, opened its second factory at Tangier Automotive City this week. The new plant will support the company’s commercial and industrial transport solutions in Europe, Africa, and the Middle East (EMEA region). The Suisse-based company, which had a single distribution center in Morocco in 2012, […]
Red Cross Workers in Mali Abducted by Al Qaeda-Linked Islamists
A Red Cross team working in northern Mali has been kidnapped by an al Qaeda-linked Islamist group known as the Movement for Oneness and Jihad in West Africa (MUJAO), a spokesperson for the militants said earlier this week. The MUJAO official also told the media by telephone fromm the country’s capital, Bamako, that the members […]



