Wagner paramilitaries

Egypt’s foreign reserves hit record high of $50.07 billion in October

The Central Bank of Egypt (CBE) announced on Sunday that the country’s net international reserves reached a historic 50.07 billion U.S. dollars by the end of October, up from 49.53 billion dollars in September. This marks the highest level of foreign reserves in Egypt’s history, reflecting the impact of ongoing financial reforms and a resurgence […]

U.S.-Egypt partnership strengthened with $235 million railway contracts

The U.S. Embassy in Cairo has announced the successful signing of three major contracts between Progress Rail, an American company, and Egyptian National Railways, collectively valued at over $235 million. The agreements, which were formalized on Wednesday, April 9, 2025, at the Ministry of Transportation, mark a significant step in enhancing U.S.-Egyptian business relations while […]

Business Meeting in Valencia Highlights Investment Opportunities in Morocco

A business forum held on Monday in Valencia showcased the investment opportunities available in Morocco and highlighted the structural reforms undertaken by the Kingdom to improve the business climate and enhance its attractiveness to foreign investors. The event, held under the theme “Exploring Morocco: Keys to Investing and Growing in Africa from Valencia,” was organized […]