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Egypt: Economy shows signs of revival, two new ministries underway
The Egyptian government has received a big boost after it sold $1.5 billion of 10-year bonds at a yield of 6% with lead managers claiming that $4.5 billion of investor orders were attracted by the bond issuance. The success of this first international bond issuance under Sisi’s government shows signs of a return to normality […]
India’s Samta Metals & Alloys invests $70 Mln in recycling plant in Morocco
India’s Samta Metals & Alloys, a subsidiary of the Indian Samta Group, is building an aluminum & copper recycling plant in the Atlantic Free Zone, located in the city of Kenitra, Morocco. An investment of $70 million will be injected in this eco-friendly factory to be built over a 36,600-sq-m area. It is expected to […]
Morocco plans trains assembly plant- minister
Morocco plans to set up a train assembly plant that will be geared for exports as well as for domestic use as the country expands its rail network, the transport minister Abdessamad Kayouh said. Briefing MPs on the latest developments on the rail sector, the minister said rail operator ONCF will add an additional 1300 […]



