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Urban Green Mobility: Egypt’s Blu EV to Invest $100 Mln in Morocco

Blu EV, an Egyptian electric mobility company of billionaire Naguib Sawiris, is planning to invest $100 million in Morocco in a project of electric conversion of fuel-powered motorcycles. Its expansion into Morocco is part of a larger plan to grow gradually across MENA. The company is building on its success in Egypt in providing affordable […]

Egypt Intensifying Gas Exploration Efforts

Cairo is hoping to raise the share of its gas during a new wave of exploration in the Mediterranean following some major Israeli oil discoveries in the region. Israel confirmed on November 26 that it had discovered some visible signs of natural gas in the Mediterranean, which are in fact very close to drilling sites […]

Sahara: UN Slams Polisario Attempts to Undermine Buffer Strip Status Quo

Following the growing provocative incursions of the Polisario armed militiamen in the Guerguerat buffer zone, UN Security Council has denounced these hostile acts made by the Algeria-backed separatists, in a bid to undermine peace and stability in the region, making it clear that “there should be no change in the status of the buffer zone”. […]