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Positioning for growth: winds of change for Arab-Africa trade and investment?

The landmark multi-billion-dollar Arab-Africa Guarantee Fund (AAGF), which is due to start operations in 2023, could provide a boost to the Arab-Africa trade that has been static at 17% of the continent’s total trade for the last seven years. Despite centuries of exchanges, Arab-Africa trade has been static at 17% of the continent’s total trade […]

Aircraft engine maker Pratt & Whitney invests up to $100 mln in Morocco

World leader in the design, manufacture and service of aircraft engines and auxiliary power units, Pratt & Whitney, invested $100 million in a plant that underscores the development of the aeronautical industry in the country. The 120,000 m2 plant will be ready in 12 months and would employ 200 people, Morocco’s industry ministry said. Pending […]

Egypt: Sisi outlines intentions in fighting against terrorism

President Sisi stated in a recorded address aired by state television that Egypt’s military has no interest in invading or attacking other nations, but will defend Egypt as well as the region “if required and in coordination with our Arab brothers.” Associated Press reported in November last year that Egypt, Saudi Arabia, the United Arab […]