President Al Sisi has announced that a “giant project” will be launched at a tune of $4billion for the construction of a canal parallel to the Suez Canal. The project is expected to increase trade and also double the country’s earnings by more than 100%. The Suez Canal is an important sea route but militants […]
The debate on the issue of the Sahara at the C24 Caribbean Seminar, held in Caracas (May 14-16), ended with sharp exchange between Morocco’s Ambassador to the UN, Omar Hilale and his Algerian counterpart Amar Benjama. The Moroccan diplomat vigorously denounced the acts of intimidation exerted by his Algerian colleague against the delegations which supported […]
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group, and the Egyptian government have reached a financial and initial working capital terms agreement in Cairo. The agreement is essential for works on the Al Nouran Sugar Project, where an amount of $372 million […]
