ONCF

Egypt’s poverty rate falls by 29 per cent, first ever in two decades

Egypt’s poverty rate has shrunk by 29.7 per cent for the first time in two decades. The fall was revealed by the Central Agency for Public Mobilization and Statistics (CAPMAS) based on fiscal year 2019/2020, Arab Finance reports. Poverty line in Egypt, according to the agency, is defined as anyone with a monthly income of […]

Sahara: King Launches from Dakhla Development Programs Worth Nearly $ 3 billion

King Mohammed VI chaired, on Monday in Dakhla, the launch of several development programs worth nearly $3 billion that will be carried out in the Dakhla-Oued Ed-Dahab and Guelmim-Oued Noun regions. These outstanding projects are part of the global development model designed for the region and that was announced by the King from the Sahara […]

Chinese Medical Technology Group Builds its 1st African Plant in Morocco

Chinese firm Jiangsu Aishelun Medical has launched construction works of its first African manufacturing plant at the Mohammed VI Tangier Tech City which is attracting a growing number of investors. The €20 million facility will produce medical consumables like surgical gowns, ice packs, surgical kits, protective medical devices and infection-control supplies destined for the European, […]