Business Egypt Emerging Markets Features Headlines

Egypt eyes $7bn trade volume with rest of Africa in 2022

Egypt Monday announced plans to raise exports to 10 African countries to $7 billion next year as part of a long term strategy aiming at $10 billion in value for export to Africa by 2025. The $7 billion target is the first phase of three-phase strategy designed by the Arab country. For this phase the […]

Energy Headlines Morocco

Morocco’s Power Company Secures 10-Year Gas Supply, Watering-down Algeria’s Blackmail

Morocco’s state-owned power Company ONEE (Office National de l’Electricite et de l’Eau potable) has signed a ten-year gas supply agreement with UK-based Sound Energy Company, ensuring continuous supply for two of its power stations in the Northern region. The deal enables the North African Kingdom to secure its energy sovereignty and security, while countering the […]

Africa Headlines International Libya

Italy casts doubt on timing of Libyan Dec. 24 presidential polls, suggests January

Italy’s interior minister Luciana Lamorgese has expressed doubt on holding Libyan crucial presidential election next month as planned and suggested January instead, Libya Observer reports. Lamorgese speaking during a reception organized by Il Foglio newspaper, indicated that next month 24 elections in Libya to elect the country’s first central leader since 2011 after the fall […]

Africa Headlines International Libya Morocco

African Union: Libya Withdraws Its Candidacy for AU Peace & Security Council Seat in Support of Morocco’s Bid

Libya has dropped its candidacy for the African Union Peace & Security Council seat for the 2022-2025 period in support of Morocco’s bid for the same post. The decision was announced by Libya’s foreign minister Najla Al-Mangoush during her telephone conversation held over the weekend with Moroccan peer Nasser Bourita. The PSC is the standing […]

Algeria Europe Headlines International

Delays pile up for Oran 2022, ICMG worried

The next edition of the Mediterranean Games, scheduled for 25 June to 5 July 2022 in Oran, Algeria, is at stake because of delays in preparations. In a scathing report, the Executive Committee of the International Committee of the Mediterranean Games expressed concerns about the piling delays recorded by the city of Oran, which is […]

Africa Asia Europe Headlines International Morocco

Omicron Variant: Morocco suspends all inbound flights for 2 weeks

Morocco has decided to suspend all direct passenger flights to the Kingdom for 2 weeks, starting Monday, November 29. According to a statement from the inter-ministerial Covid-19 committee, the fast spread of the new Covid-19 Omicron variant, especially in Europe and Africa, is behind the decision. “Because of the rapid propagation of the new Omicron […]

Algeria Americas Headlines International Maghreb Morocco

Algeria’s hostility towards Morocco, an attempt to conceal own internal crisis

Algeria’s hostility and mounting escalation against Morocco is an attempt to “evade and conceal” a “critical” socio-economic situation on its territory, said Permanent Representative of Morocco to the UN, Omar Hilale. “Algeria, instead of addressing its own mistakes, vehemently tries to blame Morocco for all its troubles, even if fortunately the Algerian people does not […]

Africa Business Egypt Emerging Markets Features Headlines International

Egypt: Coca-Cola Hellenic Bottling Company to inject $1bn

Coca-Cola Hellenic Bottling Company (HBC) is set to invest $1 billion in the Egyptian market over the coming five years, following its acquisition of Coca-Cola Bottling Company of Egypt (CCBCE) according to a statement by office of the Egyptian Prime Minister. Egypt became the 29th country around the world that HBC will be operating in, […]

Blogs Community Europe Features Headlines International Morocco

Covid-19: Morocco suspends flights to and from France starting Nov.28

Moroccan authorities have decided to suspend temporarily flights to and from France starting Nov.28 due to a surge of Covid-19 infections and deaths in some European countries as winter season approaches. The flights suspension was initially to be enforced this Friday but was postponed by two days to enable Moroccan nationals and foreigners living in […]

Headlines Maghreb Morocco

Morocco-COVID-19: State of health emergency extended until Dec. 31

The Moroccan Government decided Thursday at the cabinet’s weekly meeting to extend the state of health emergency until December 31, as part of efforts to stem the spread of the Covid-19 pandemic.   The Government Council examined and adopted, this Thursday, November 25, 2021, a draft decree, presented by the Minister of the Interior, extending […]