Dakhla-Atlantic port

Casablanca Finance City Signs Partnership with China’s Xicheng Financial District

Casablanca Finance City (CFC) signed a partnership agreement with Xicheng District Financial Development Promotion Center (XDFDPC) to promote investment opportunities between the two countries. The agreement is in line with CFC’s expansion strategy after it signed similar agreements with London, Luxembourg, Montreal, Paris, Astana and Busan. Under this agreement, the two parties shall cooperate in […]

Egypt: Al Sisi’s top close aid named Transport Minister

President Fattah al-Sisi has named head of the Armed Forces Engineering Authority Transport Minister in replacement of Hisham Arafat who stepped down late last month following a train accident that claimed the lives of 22 people. Kamel al-Wazir, a military general is the head of the Armed Forces Engineering Authority, one of companies responsible for […]

Tunisia struggles to downsize public wage bill

Tunisia counts more than 650,000 civil servants that is 5% of the total population of 12 million people, a number that weighs significantly on the state budget. Tunisia has more public sector employees compared to 568,000 in Morocco which has a population three times bigger. The IMF has urged the Tunisian government to cut the […]