Omar Hilale & elects of Sahara

Morocco, China Teem up to Build $10 bln Industrial Hub Near Tangiers

Set to diversify its global economic partners, Morocco partnered with China to build the Mohammed VI Tangiers Tech city as part of efforts to boost industrialization in the country. King Mohammed VI chaired a ceremony to sign the financing agreement of the $10 billion project which will be funded by Chinese group HAITE (002023.SZ), BMCE’s […]

EgyptAir gets $191m loan to finance external debt

Egypt has approved a financing request of about $191 million by national carrier EgyptAir to be used to pay external debt. The Central Bank of Egypt will release the funds in the form of loan, state-run Ahram online reports. EgyptAir, which resumed flying from July 1st after several months of hiatus due to the coronavirus […]

Tunisia: Parliament approves Fakhfakh-led cabinet, members sworn in before President

Just hours after the Tunisian parliament green-lighted nominal Prime Minister Elyes Fakhfakh’s proposed cabinet on Wednesday, the new cabinet members were sworn in before President Kais Saied this Thursday. The endorsement of the 32-member cabinet by 129 lawmakers against 77 who rejected it brought out the country from a long political crisis and spared it […]