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Egypt to float military-owned firms as part of economic reform drive
Egypt is preparing to list stakes in several military-affiliated companies on the stock exchange, in a major step towards reducing state control and encouraging private sector participation in the economy. Prime Minister Mostafa Madbouly announced the move following the signing of an agreement between the Sovereign Fund of Egypt, the Armed Forces’ National Service Projects […]
UNIDO Chief Commends Morocco for Inclusive Industrial Growth
UNIDO Director General, LI Yong, has lauded the progress and the efforts made by Morocco to promote inclusive and sustainable industrial development. Speaking during signing ceremony of partnership program held lately in Rabat with Moulay Hafid Elalamy, Morocco’s minister of industry, investment, trade & digital economy, Mr. Li praised the North African country for its […]
OCP Group reports $5.2 billion revenue growth in first half of 2025
Morocco’s phosphate giant OCP Group achieved remarkable financial and operational performance during the first half of 2025, recording double-digit growth across key indicators. The company’s revenue reached 52.2 billion dirhams ($5.2 billion) compared to 43.2 billion dirhams in the corresponding 2024 period, driven by increased fertilizer and rock sales volumes. Second quarter 2025 revenue totaled […]



