Spanish policemen walk in a cordoned off

Côte d’Ivoire to reduce cocoa exports due to bad harvest

Bad news for the chocolate market that could send already high prices skyrocketing. Côte d’Ivoire plans to slash its exports of cocoa in view of prospects of a bad harvest. Côte d’Ivoire, the world’s second largest producer of the main chocolate ingredient, has experienced heavy rainfall that threatens to compromise crops for the second year […]

Morocco-GCC Summit Spurs Arab Unity & Action

The participation of King Mohammed VI at the 1st summit meeting held in Riyadh April 20 between Morocco and the rich-oil Gulf Cooperation Council (GCC) countries confirms the status of the North African nation as a regional key player. The summit comes at a time when the Arab world and particularly the six member States […]

Egypt: $8.2 billion Suez Canal lane to be inaugurated in August

Authority Chief Mohab Mameesh has said that the second parallel waterway project of the Suez Canal will be completed in August and gave assurances that the transit toll will be not be increased. The cost of the project is around $8.2billion. The Suez Canal is one of the busiest water corridors in the world and […]