Kenya has backpedaled on a $2 billion deal under which it was expected to hand over Nairobi’s airport to India’s Adani Group. The deal was canceled after India’s richest man, Adani, was indicted in the US for fraud for allegedly orchestrating a $250m bribery scheme and concealing it to raise money in the US. “I […]
UAE airlines, Emirates, said it doubled the number of Chinese passengers and increased by 60% that of Japanese travelers visiting Morocco in 2017 compared to 2016. The company said in a statement that the introduction of A380 aircrafts has helped it contribute to promote Morocco’s tourism among Far East tourists. The company daily links Casablanca […]
The World Bank has granted Egypt a new development financing of $500 million to support the “Takaful and Karama” program according to the Arab country’s Minister of International Cooperation Rania Al-Mashat. Takaful and Karama program supports the most vulnerable classes against the implications of the global economic crises and external shocks. The financing will support […]
