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WEF’s Global Shapers Community Initiative opens hub in Laayoune
Global Shapers Community, an initiative of the World Economic Forum (WEF) for young leaders, announced it has opened its 444th hub in the city of Laayoune in Southern Morocco, another move implying the international community’s recognition of the Sahara as a Moroccan territory. “The Laayoune Hub will join other hubs in Morocco located in Rabat, […]
Saudi sovereign wealth fund launches investment company in Egypt
The Public Investment Fund (PIF) of Saudi Arabia launched the Saudi-Egyptian Investment Company (SEIC) that will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals. The fund in a statement said SEIC is interested in the country’s promising sectors including infrastructure, real estate development, healthcare, financial services, food and agriculture, manufacturing, […]
China’s FM on ‘charm offensive’ in Africa amid changing geopolitical realities
China’s top diplomat has embarked on his traditional New Year tour of Africa that will take him to Namibia, the Republic of Congo, Chad, and Nigeria, aiming to further advance Beijing’s already sizable influence across the resource-rich continent amid dwindling Western influence. The week-long tour by China’s foreign minister Wang Yi marks 35 consecutive years […]



