israel-benjamin

Egypt: Qatar accepts deposit conversion into bonds

The Governor of the Egyptian Central Bank, Hesham Ramez, confirmed that Qatar has agreed on the conversion of its $2 billion that it has deposited in the Central Bank during the era of President Morsi into bonds. The transactions are expected to take less than a week according to media reports. The Qatari government had […]

Mauritania Launches Online Investment Guide Targeting Investors

The online investment guide (iGuide) to Mauritania was officially launched in Nouakchott last week. Designed to provide intelligible, reliable and up-to-date information on the relevant laws, regulations, costs and opportunities, this investment promotion tool is now ready to serve the national and global investment community, reported the UN Economic Commission for Africa. The website covers […]

Egypt-Sudan power interconnection project on track

German conglomerate Siemens has completed a 400 MW extension to the Toshka substation in Egypt, three months after breaking ground, the company announced. The turnkey substation is located near the Egyptian-Sudanese borders, about 1,300 kilometres away from Cairo. The completion of the project paves the way for the realization of the $60-70 billion Egypt-Sudan interconnection […]