Business Egypt Emerging Markets Headlines

Egypt to buy 50 new locomotives from Siemens giant

Egypt Railway Authority is in the process of buying 50 new locomotives from German multinational conglomerate company as the most populated Arab country embarks modernizing its rail way sector. The deal which is in the pipeline according to Arab Finance Brokerage includes maintenance works for 50 of Siemens Henschel, a model that has been efficiently […]

Africa Headlines International Morocco

Morocco’s King extends condolences to DRC following Train accident

King Mohammed VI of Morocco expressed condolences and compassion to the President of the Democratic Republic of the Congo (DRC) Felix Tshisekedi following the tragic derail of a train that left at last 50 people dead. The Monarch said he was saddened to learn about the accident and extended condolences to the President, families and […]