This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Category: Business
Saudi investment company in Egypt to acquire 25 per cent of fertilizer giant MOPCO
The recently launched Saudi-Egyptian Investment Company (SEIC) is set to acquire 25 per cent of stakes in Egyptian fertilizer giant Misr Fertilizers Production Company (MOPCO) ... Read More
Morocco, Mauritania mull fiber interconnection
Morocco and Mauritania are in talks to set up an internet cable interconnection building on the inroads of Moov Mauritel, a subsidiary of Morocco’s Maroc ... Read More
U.S. supports Morocco with Air Defense Systems, another blow to Polisario-Algeria-Iran Axis
The United States has decided to support Morocco with integrated air defense networks against missile & drones’ attacks, dealing another hard blow to the Polisario ... Read More
EU liaises with Morocco to study investment possibilities in Morocco-Nigeria gas pipeline project
The European Union has reached out to the kingdom of Morocco to study possibilities to invest in the Morocco-Nigeria gas pipeline project that will connect ... Read More
UK Foreign Affairs Committee brands Libyan Central Bank Governor financier of militias, gangsters
The UK Foreign Affairs Committee has labelled Saddek Elkaber, the Governor of the Central Bank of Libya (CBL) “well-known financier of militias and gangsters” who ... Read More
Morocco’s automotive sector prepares for shift to electric vehicles
Morocco’s growing automotive sector is preparing the ground for the shift to electric vehicles as the country ambitions to set up a battery factory and ... Read More
Drought shrinks Morocco’s cereals harvest by 67%
Lack of rainfall has weighed on Morocco’s cereals harvest which dropped to 34 million quintals this year, down 67% from last year, the agriculture ministry ... Read More
Marhaba 2022: Over half million travelers entered Morocco through Tanger-Med Port
Over 530,430 travelers entered Morocco through Tanger-Med port since the start of Marhaba operation 2022, the annual summer crossings of Moroccan expatriates to spend holidays ... Read More
Libyan, Tunisian Central Banks to enhance cooperation
The governors of the central banks of Tunisia and Libya held Sunday talks in capital Tunis to improve cooperation between the two institutions. Marouen Abassi ... Read More
Saudi sovereign wealth fund launches investment company in Egypt
The Public Investment Fund (PIF) of Saudi Arabia launched the Saudi-Egyptian Investment Company (SEIC) that will invest in swathes of Egypt’s economy from infrastructure and ... Read More