The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]
The Tunisian economy continues to suffer from major difficulties, including high external and fiscal deficits, increasing debt, while growth is too low to reduce unemployment, says the International Monetary Fund. “Tunisia’s fiscal and external deficits reached record levels. The wage bill has climbed to one of the highest in the world, and public debt further […]
Morocco wins international praise for its coronavirus response
