polisario-escalades

Chinese Midea Group contemplates acquiring Electrolux Group’s Egyptian Zanussi

The Chinese electrical appliance manufacturer Midea Group is considering acquiring the Swedish appliances manufacturer Electrolux Group’s Zanussi brand and its assets in Egypt, reports say. Electrolux Group announced mid last month plans to exit the Egyptian market. The company indicated that it is preparing to sell its factories in Egypt, which produce the main appliances […]

Fathi Bashagha to unveil cabinet next week – HoR member

Libya’s designated Prime Minister Fathi Bashagha will present his administration lineup next week to the House of Representative (HoR), a house member has told Libya Observer. Salem Gunidi told the Libyan media that the HoR is expected to convene a session next week on Monday or Tuesday. “The new government will no doubt gain confidence […]

Algeria’s long-ruling FLN wins unpopular legislative elections

Algeria’s FLN, which has offered the military regime a civilian curtain since independence, has won parliamentary elections which were largely boycotted. With a turnout at 23%, the FLN won 105 seats which is still far from the 204 needed to secure a majority. Islamist MSP won 64 and another coalition party the RND received 57 […]