Category: North Africa

About 28Egyptian marble companies will participate in an international stone fair scheduled to open in China in March 2018, official MENA news agency reported Thursday. “The Xiamen International Stone Fair is one of the biggest fairs for stones in the world and it displays the latest techniques in this field,” MENA quoted Walid Gamal al-Din,…

Morocco and Liberia expressed on Monday their strong willingness to strengthen bilateral ties. The willingness was made during a phone call between Morocco’s king Mohammed VI and Liberia’s President-elect George Weah, according a statement from the Moroccan king’s office. On this occasion, the king reiterated his warmest congratulations to Weah following his election as Liberia’s…

President Abdel Fattah El Sisi underlined the importance of continuing to upgrade and develop the civil aviation sector including Egyptian airports’ security systems and qualifying its working human cadres to cope with the latest technologies. Sisi referred to the importance of the civil aviation sector in increasing travelling and tourism movements which would contribute to…

Egypt’s Air Forces destroyed six four-wheel-drive vehicles loaded with smuggled weapons and ammunition on the country’s western border. Criminals inside the vehicles were killed in the raid, the Armed Forces said in a statement on Monday 30/10/2017.  The move comes as part of the continued efforts by the Air Forces in cooperation with the border…

A delegation from the London Stock Exchange (LSE) Group wrapped up a two-day visit to Cairo that was aimed at supporting EGX’s development and connecting the Egyptian government and companies to London markets – one of the world’s most powerful source of international investor capital. The London Stock Exchange is one of the world’s oldest…

Prime Minister Sherif Ismail on Monday 2/10/2017 received a group of tourist investors to review problems facing the sector and proposals to solve them. The ministers of tourism and civil aviation took part in the meeting. The participants discussed files related to the tourism investment field, including the procedures for granting visas to Egypt, the…

Investment and International Cooperation Minister Sahr Nasr said that there is coordination with the American Chamber of Commerce to organize an investment forum in Egypt next year. The forum targets probing offered investment opportunities for US firms, the minister underlined, stressing her keenness on enhancing the activities of the US investment funds in Egypt. These…

The Middle East and North Africa (MENA) already the most water stressed region in the world, faces a worsening crisis in terms of its access to water in the decades to come. A country is water stressed when it cannot provide the minimum water supply to satisfy the essential needs of its population. This is…

The Board of Executive Directors of IFC, a member of the World Bank Group, approved on July 20 an investment of $635 million that will help construct, operate and maintain up to 11 solar power plants in Egypt. The combined capacity of the plants amount to 500 megawatts. This will be one of the largest…