US forces in sahel

Africa’s diaspora remittances to grow 5,4% in 2024, market set to reach $500bn by 2035

Remittances to Africa and the Middle East, which play a pivotal role in many regional economies, significantly contributing to their GDP, are estimated to have increased 5.4% in 2024, primarily due to rebounded flows to Egypt, after a 14.6% decline in 2023. In 2024, remittance flows to low- and middle-income countries are expected to reach […]

Tunisia: US State Department green-lights sale of four AT-6Cs

The US State Department has approved the sale of four AT-6C light fighter jets and supporting equipment to Tunisia for total cost of $325.8 million. The US Defense Security Cooperation Agency said the aircraft “will improve Tunisia’s ability to meet current and future threats by increasing their capability and capacity to counter terrorism and other […]

Palm Hills Developments to build $130m Ritz-Carlton Palm Hills hotel in West Cairo

Egypt’s leading developer Palm Hills has entered into an agreement with Marriott International to build a luxury hotel under the name of Ritz-Carlton Palm Hills in West Cairo with investments of $130 million, the office of Prime Minister Mustafa Madbouli has announced. The agreement was signed Monday December 4 by Mr. Yasin Mansour, Chairman of […]