Mauritanian new president Ould Ghezouani

Saudi sovereign wealth fund launches investment company in Egypt

The Public Investment Fund (PIF) of Saudi Arabia launched the Saudi-Egyptian Investment Company (SEIC) that will invest in swathes of Egypt’s economy from infrastructure and real estate to pharmaceuticals. The fund in a statement said SEIC is interested in the country’s promising sectors including infrastructure, real estate development, healthcare, financial services, food and agriculture, manufacturing, […]

Morocco set to improve its business climate to attract more investments

Morocco is taking concrete steps to facilitate domestic and foreign investment with the adoption by the Council of Ministers, convened Wednesday in Rabat under the chairmanship of King Mohammed VI, of a new investment charter that offers a competitive framework to bolster the country’s attractiveness. “The new project aims to improve the returns of investments, […]

US ranking lists Morocco among nations with World’s best roads

Morocco was ranked among the top 16 countries with the world best road network following a study by a New Jersey based media. With a mean speed score of 95, Morocco was ranked as the 16 country with the world’s best roads, said the media InsideMonkey.com in a study that looks at the world’s 20 […]