Algerian former FM Lamaamra

MENA Startup Funding Rebounds to $150 Million in April; Morocco Slips to Seventh Spot

Startup investment activity across the Middle East and North Africa rebounded sharply in April 2026, with total funding reaching $150 million across 27 transactions — a 211 percent increase on the March figure, according to Wamda data. The recovery, while significant in volume terms, was characterized by selectivity and caution rather than a broad return […]

Egypt signs $13m contracts with three gold mining companies

Egypt has given five new gold exploration contracts worth $13 million to three mining companies in the back of 11 others. The contracts, Arab Finance reports citing a cabinet statement, include a $9 million (EGP 141.49 million) agreement with Canada’s Lotus Gold to explore 11 blocks; a $3 million (EGP 47.16 million) deal with Mining […]

Morocco-China relations hold “great hope,” says Chinese ambassador

China’s newly appointed ambassador to Morocco, Yu Jinsong, expressed strong optimism about the trajectory of bilateral relations between Beijing and Rabat during a press conference in the Moroccan capital. Speaking at an event marking the 4th Plenum of the 20th Central Committee of the Chinese Communist Party, Ambassador Yu emphasized that cooperation between the two […]