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Industries boom: AfDB report finds small African economies industrialize fastest
Morocco, Egypt, South Africa, Mauritius, and Tunisia are Africa’s most industrialized economies but it is the other countries, which have improved the most over the past 10 years, that have made the greatest efforts to move away from economic dependence on extractives toward value-adding sectors. The countries that showed the greatest progress over the past […]
Egypt: Riyadh offers $1.5 Billion to Finance Projects in Sinai
Cairo announced Sunday it received $1.5 billion from Saudi Arabia earmarked for development projects in underprivileged Sinai. The Saudi kingdom has already donated Egypt several billion dollars destined to shore up Egyptian battered economy and finance. The new amount, donated by the Saudi Development Fund, will finance the building of a university, 26 residential complexes, […]
Egypt: US Honeywell company to transform government institutions into smart buildings
US-based Honeywell International Inc. will convert the new building of the South Sinai Governorate General Assembly, and Sharm El Sheikh Hospital building into sustainable smart buildings, under a MoU signed on the sidelines of the ongoing COP27 climate summit taking place in Sharm El-Sheikh. The purpose of the MoU is to achieve the highest efficiency […]



