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Egyptian Petrojet expands regional Ffotprint with $21.76 M LPG project in Jordan

Egyptian engineering firm Petrojet has secured a $21.76 million contract to develop a liquefied petroleum gas (LPG) facility in Jordan, marking a significant step in its regional expansion strategy. This project aligns with Petrojet’s broader objective to enhance its presence in the Middle East, particularly in energy infrastructure development. The company has been actively pursuing […]

President Bouteflika Asks Algerians to Brace for Austerity Measures

Algeria’s living-dead President Abdelaziz Bouteflika gave an address on the occasion of his country’s Independence Day asking citizens to prepare for tough times ahead as state coffers dwindle. Bouteflika urged the Algerian people to prepare for the pinch of economic reality as the state will cut vital subsidies and increase taxes. The speech clearly revealed […]

Morocco’s tourism GDP surges 38.4 percent in post-pandemic recovery

Morocco’s tourism sector has confirmed its robust post-pandemic momentum with the tourism gross domestic product registering a remarkable 38.4 percent increase in 2024 compared to 2019 levels, according to the Tourism Satellite Account published by the High Commission for Planning. The sector’s contribution to national GDP strengthened from 6.8 percent to 7.3 percent, reflecting tourism’s […]