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Morocco Builds Largest Seawater Desalination Plant in Africa
Morocco announced the launch of construction in Casablanca on the largest seawater desalination plant in Africa.
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Egypt is 24th most resilient country in dealing with COVID in December
Egypt has landed the 24th spot in the COVID resilience ranking issued by Bloomberg in December, moving up one position from its November’s 25th ranking.
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Egypt will establish e-system to track goods in transit
Egypt will establish an electronic system to track the goods received under the indirect transit system until the final release stage with the possibility of pre-clearance and payment of customs…
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Egypt’s exports of jewelry, gemstones hit $2.1B
The Egyptian exports of jewelry and gemstones increased to $ 2.162 billion over the period from January to August this year, compared to $1.228 billion dollars during the same period of 2019,…
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Egypt trade minister mulls creating a fund to boost automotive industry
The Egyptian government is studying the possibility of creating a fund to boost the automotive industry in order to encourage local manufacturing, especially automotive components and vehicle…
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Abu Dhabi Commercial Bank Egypt gets Most Promising Brand Award in Egypt for 2020
Abu Dhabi Commercial Bank – Egypt (ADCB Egypt) has received “The Most Promising Brand Award” in the Egyptian banking sector for 2020 from the World Union of Arab Bankers.
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Morocco to welcome 200,000 Israeli tourists per year
Morocco’s Minister of Tourism Nadia Fettah Alaoui has said the country expects the number of Israeli tourists to go from 15,000 per year to 200,000.
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Vodafone ends talks to sell Egypt stake to Saudi STC
Vodafone had called off talks with the Saudi Telecom Company (STC) on the $2.4 billion sale of its 55% shareholding in Vodafone Egypt after a series of missed deadlines to complete the deal, Reuters…
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UK to host Africa Investment Conference after Brexit
The United Kingdom will host the Africa Investment Conference in January, as new trade agreements come into force with 14 African countries after Brexit.
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Egypt can become an automotive hub, Nissan Africa chief says
Egypt needs to cancel dutyfree access for imported cars if it wants to encourage domestic car assembly and become a regional export hub, Nissan managing director for Africa Mike Whitfield told the…
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