othmani

Rolling Plus signs deal with Egypt to set $1bln tire factory in SCZONE

Rolling Plus Chemical Industries will set up in Egypt’s Suez Canal Economic Zone a factory to produce tires with a total investment of above $1 billion, as part of the North African country’s automotive strategy aiming at developing the local car industry in order for the country to become a regional manufacturing hub. Rolling Plus […]

Libya: Government holds back management tender

The government has decided to stop the process of the bids it has tendered for the procurement of the management of Libya’s state-owned Libyan Post, Telecommunication and Information Technology Corporation (LIPTIC). Almadar and Libyana are the two mobile operators in the country which are part of LIPTIC’s several subsidiaries. Reasons for the decision are yet […]

U.S. ADM Starts Operating Sweetener Plant in Casablanca

The U.S. agribusiness group, Archer Daniels Midland Company (ADM), said that its Casablanca’s sweetener plant started operating in August with a view to boosting its footprint in the sweetener and starch market in the MENA region after expanding in Eastern Europe last year. The announcement was made by the CEO of the Chicago-based company PDG […]