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Morocco, an African industrial powerhouse under reign of King Mohammed VI
Twenty-six years ago, no one would have imagined that Morocco’s top exports would be cars. Morocco’s GDP, thanks to the King’s far-sighted approach, has more than doubled in a tough environment reaching some $130 billion, thanks to different economic policies spurred by the King, with the industry at its heart. Industry has helped Morocco reduce […]
Saudi investment company in Egypt acquires minority stakes in 3 other listed companies
The recently-launched Saudi-Egyptian Investment Company (SEIC) has reportedly added three other Egyptian listed company to its portfolio after acquiring fertilizer giant MOPCO. Abu Qir Fertizilers and Chemical Industries, Alexandria Container and Cargo Handling and E-Finance for Financial and Digital Investments are the companies, Zawya reports citing Egypt’s planning ministry’s website. SEIC also reportedly acquired 25 […]
Libya: 4 Indian University Teachers Abducted in Isis-controlled Area
Four Indian university teachers have been reportedly abducted near the Libyan city of Sirte, raising serious concerns over the safety of foreign nationals still working in Libya which has plunged in chaos and violence since the fall of the Gadhafi regime in 2011. According to the Indian foreign ministry, the incident occurred at a checkpoint […]



