mohamedVI-khaled

China’s Hengtong to manufacture fiber-optic cables in Egypt

Chinese power and fiber optic cable manufacturer Hengtong will set up a plant in Egypt to produce fiber cable as result of a deal between the Chinese company and the Suez Canal Economic Zone (SCZONE). Hengtong will invest $18 million for the project with a capacity of up to 2 million kilometers in the zone. […]

Gabon to grant delayed risk premium to armed forces

Gabon’s military-led government agreed this week to implement a decision by the former regime of President Ali Bongo Ondimba to grant armed and security forces a risk premium for their work in protecting populations, Gabo Review reports. A cabinet meeting announced the plan pending modalities that remain to be defined, the media outlet notes. The […]

Libya-Italy trade exchanges reach nearly €9 billion

Annual trade exchanges between Libya and Italy currently stand at approximately €9 billion, providing a solid foundation for future growth and economic collaboration. This figure, reported by Italy’s Nova news agency on October 27, on the eve of the Libyan-Italian Business Forum, scheduled for October 28 in Tripoli, underscores the significant economic interdependence between the […]