Morocco and China’s Sunrise Group, a global leader in the textile industry, have signed a deal under which the Chinese group will invest $230 million. to bolster its textile sector, in a deal aimed at strengthening the Kingdom’s role in global supply chains. The deal, signed in Rabat this Thursday, aims to strengthen Morocco’s textile […]
The Egyptian state oil firm has issued a tender to purchase around 500,000 tons of gasoil for delivery into Mediterranean ports between January and March next year according to a tender document. The tender is for 15 cargoes to be delivered in Alexandria, Egypt’s second largest city and El Dekheila. Bidding ends on the 18th […]
Thirty five people, including 26 tourists of different nationalities, were rescued Tuesday after their tourist boat capsized in the northern Red Sea, during a cruise to one of the local diving areas. The victims were rescued by workers on another tourist boat sailing nearby, Al-Masry Al-Youm reports. The tourists were transferred to a nearby marina, […]
