Libya Foreign Fighters

Egypt to buy 50 new locomotives from Siemens giant

Egypt Railway Authority is in the process of buying 50 new locomotives from German multinational conglomerate company as the most populated Arab country embarks modernizing its rail way sector. The deal which is in the pipeline according to Arab Finance Brokerage includes maintenance works for 50 of Siemens Henschel, a model that has been efficiently […]

Japan makes it clear Polisario has no place at TICAD

Japan dealt a blow to the Tunisian President Kais Saied who unilaterally invited the head of the Algeria-sponsored Polisario separatists to Japan-Africa development summit TICAD. The Japanese foreign minister made it clear the separatist entity had no place in TICAD and its presence does not mean Japan recognizes it. “Before concluding my speech I would […]

IFC to support Morocco’s major development, investment reforms

The International Finance Corporation (IFC) intends to support the Moroccan government in its multiple reforms to ensure post-Covid economic recovery and plans to invest $300 million for fiscal year 2021. In this vein, the IFC and the Ministry of Economy and Finance signed Wednesday Wednesday a memorandum of understanding to strengthen their partnership and stimulate […]