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Tunisia: Qatar’s investment reaches $1 billion in three years

Qatar is emerging as a key investor in Tunisia with a total investment worth $1 billion injected over the past three years. The $1 billion amount according the Chairman of the Qatar Chamber of Commerce and Industry, Sheikh Khalifa Bin Jassim Al-Thani, is mostly directed towards tourism, telecommunications and financial sectors. Sheikh Khalifa announced the […]

Chad’s ‘nationalization’ of all Exxon-owned assets disputed by UK’s Savannah Energy

Chad has announced the nationalization of assets of a former subsidiary of US oil and gas giant ExxonMobil in Chad, which comes after the company divested from them in December 2022 A decree signed by Chad’s president, Mahamat Idriss Deby Itno, on Thursday (23 March) declared that all the assets, prospection rights, operating permits and […]

Samsung gets golden license to set mobile phone factory in Egypt

Egypt Wednesday August 30 accorded South Korean tech giant Samsung a golden license to set up a mobile phone plant to produce, after the North African provided the firm another permit to manufacture tablets for educational use. The future factory, 6,000 square meters, is expected to generate 768 direct and indirect jobs and located in […]