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Egypt: Coca-Cola Hellenic Bottling Company to inject $1bn
Coca-Cola Hellenic Bottling Company (HBC) is set to invest $1 billion in the Egyptian market over the coming five years, following its acquisition of Coca-Cola Bottling Company of Egypt (CCBCE) according to a statement by office of the Egyptian Prime Minister. Egypt became the 29th country around the world that HBC will be operating in, […]
Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018
Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]
Morocco, UAE discuss ways of strengthening security cooperation
National Security and Territorial Surveillance Director General Abdellatif Hammouchi on Friday received the Commander-in-Chief of the Abu Dhabi Police, Major General Faris Khalaf Al Mazrouei, currently visiting Morocco at the head of a large security delegation. This meeting was an opportunity to review the levels of security cooperation and areas of police coordination on various […]



