Egypt’s leading developer Palm Hills has entered into an agreement with Marriott International to build a luxury hotel under the name of Ritz-Carlton Palm Hills in West Cairo with investments of $130 million, the office of Prime Minister Mustafa Madbouli has announced. The agreement was signed Monday December 4 by Mr. Yasin Mansour, Chairman of […]
Morocco’s trade deficit dropped to 61.9 billlion dirhams, down 14.6%, thanks to higher exports and lower imports, the foreign exchange office said. Morocco’s automotive sector topped exports with 38.8 billion dirhams, up 13%, offsetting a 2.3% drop in phosphates exports at 17.6 billion dirhams. Morocco’s energy imports dropped in value by 13.6% to 28 billion […]
The World Food Program has warned in its 2020 Global Hotspots Report that millions of people in Zimbabwe, South Sudan, Democratic Republic of Congo and the Central Sahel region will require life-saving food assistance in the coming months. The sheer scale and complexity of the needs will stretch the UN food relief agency’s capacity to […]
