Africa Asia Business Emerging Markets Headlines International

Study refutes claim all Chinese firms in Africa underpay local workers

Chinese firms operating in Africa are often accused of underpaying local workers, but a new study conducted by British experts in Angola and Ethiopia suggests that this reputation is undeserved. As Chinese companies have become active in sub-Saharan Africa, they’ve earned a reputation for paying their local workers less than their Chinese colleagues. But based […]

Africa Asia Business Emerging Markets Headlines International

Kenya’s China dilemma: between foreign investment and dependency

While Kenya’s government is targeting Chinese investors to establish manufacturing plants in its special economic zones to boost exports, thousands of local traders have protested in the capital Nairobi against the ‘unfair” competition from Chinese traders. The government is offering Chinese investors a value proposition that the East African country is the premier investment destination […]

Algeria Asia Headlines International Morocco

Iran’s drone diplomacy, a danger to the West, MENA region, expert Alex Grinberg warns

The Iranian regime’s export of drones to destabilizing actors is shaking the entire MENA region, and as the war in Ukraine has shown, shakes even Western countries, warns Alex Grinberg, expert on Iran based at the Jerusalem Institute for Security and Strategy, who underlines that after Hezbollah in Lebanon, the Houthis in Yemen, the Iranian […]

Asia Columns Headlines International Opinions

Saudi Arabia snubs Algeria’s Arab League rotating presidency

Saudi Arabia has not invited Algeria, which holds the rotating presidency of the Arab League, to a meeting bringing together nine Arab states to discuss Syria’s return to the league. The Algerian regime mouthpiece said “Algeria does not understand Saudi Arabia’s decision,” adding that leaving Algeria uninvited was a “double slap”. The Algerian military junta, […]

Asia Business Egypt International

China’s OPPO mulls plans to set up $20m worth smart phone producing factory in Egypt

Chinese consumer electronics manufacturer OPPO is considering setting up a smart phone producing plant in Egypt with a total investment of $20 million, the CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Sunday. The venture Heiba added during a meeting with Prime Minister Mostafa Madbouly will generate 650 jobs. […]

Asia Headlines International Morocco

Promoting peace, stability in MENA region discussed by Moroccan and Saudi Foreign Ministers

Ways to promote peace and stability in the MENA region were at the focus of phone talks between Moroccan and Saudi Foreign Ministers, Nasser Bourita and Prince Faisal bin Farhan bin Abdullah. The talks, held Friday, also covered ways to deepen bilateral ties in various fields, as well as latest regional and international developments of […]

Asia Community Emerging Markets Headlines International Morocco

Israeli Knesset in Moroccan colors to celebrate Mimouna

The Israeli Knesset hosted on Wednesday evening, for the first time in its history, a ceremony in Moroccan colors on the occasion of Mimouna, the traditional holiday of Moroccan Jews, which has become a public event celebrated every year in the country. The Mimouna, propagated by Moroccan Jews, is held directly on the night of […]

Africa Asia Headlines International

Japan’s PM visits four African countries before G7 summit

Japan’s Prime Minister Fumio Kishida is slated to visit four African countries namely Egypt, Ghana, Kenya and Mozambique, ahead of the G7 summit scheduled May 19-21 in the Asia country. The office of the Prime Minister said Kishida hopes to strengthen ties with the so-called Global South, or emerging and developing countries mainly in the […]

Africa Asia Business Emerging Markets Headlines International

Beijing is a better ally for Africa than Western countries – Chinese Foreign Ministry

The Chinese Foreign Ministry Monday said the Asian giant is a better ally for Africa than Western countries as the continent is increasingly the target of rivalry among global powers. Wang Wenbin, the spokesman of the ministry said during a press briefing Monday China can provide assistance to Africa in places and at a time […]

Asia Business Egypt Headlines International

Egypt, India launch polyethylene factory in Suez governorate

Egypt and India unveiled Sunday the cornerstone for a polyethylene (PET) production factory to cost a $110 million investment, in Ain Sokhna, Suez governorate. The project is planned to have a production capacity of 30,000 tons per month, Ahram Online reports. The construction will go through two phases, the first starting during the first half […]