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French Schneider Electric mulls €30-million investment in Egypt until 2025

French Schneider Electric company is planning to inject additional €30 million in Egypt until 2025 to boost the production capacity of its electrical panels factory in Badr City, the company’s Northeast Africa and Levant Cluster President Sebastien Riez said in an interview with CNN Business Arabic, ‘Arab Business’ reports. €10 million of the €30 million […]

Experts cautiously optimistic about increased intra-Africa air connectivity

Intra-Africa air connectivity is making headway, a recent ‘Charting Trends’ report published by the Centre for Aviation (CAPA) has shown, and was also echoed by local aviation experts who have expressed cautious optimism about the growth prospects for the southern African region. While the intra-Africa air connectivity had exceeded the two million weekly internal seats […]

Morocco: Bill regulating crypto assets in the pipeline

Morocco is drafting a bill to regulate crypto assets in line with the recommendations made during the last G20 Summit, Governor of the central bank “Bank Al-Maghrib”, Abdellatif Jouahri, said Tuesday in Rabat. “The main objective of this legislation is to align Moroccan regulations with international standards concerning crypto assets according to a rigorous approach, […]