Iran: 125% tourism arrival rise, $220 million investment announced
Iran is determined to increase its investment in tourism after authorities registered a significant rise of visitors that is mostly linked to President Rouhani’s approach […]
Business
WB Forecasts an African Growth Rate of over 5% in 2015-16
Africa is forecast to remain one of the world’s three fastest growing regions and to maintain its impressive 20 years of continuous expansion with a […]
Morocco : Saham’s Net Income Scores 45.6% Increase in 2014 First Half
Saham Insurance, a subsidiary of Saham group, one of the largest Moroccan companies operating in the sectors of insurance, health plans, roadside assistance, real estate […]
Israel-Gaza war damages Israel’s tourism industry
Businessmen active in Israel’s tourism industry are worried about the effects the war with Gaza had on the industry as the number of visitors continue […]
Tunisia : WB slams Tunisia’s outdated economic model
The World Bank has released a report citing that it has mistakenly praised Tunisia’s economic model which dates back to the 1970s and called for […]
Egypt’s tourism sickness to end in October, Minister Zaazou
Egypt’s tourism sector could soon be back to its golden days after more than half of the travel warnings were lifted. Tourism Minister Hisham Zaazou […]
Algeria : New 2015-2019 $262bn Investment Plan for a “Productive and Diversified Economy”
The Algerian government has launched another 5year investment plan geared towards diversifying its economy which is heavily dependent on oil and gas. $262 billion has […]
Algeria to get Tank assembly plant
Algeria will soon be having an assembly plant for tanks after the German Economy Minister Sigmar Gabriel responded positively for its delivery by defense group […]
MENA : DHL to continue its superiority with $117million investment
DHL has renewed its intentions to continue its dominance in the Middle East and North Africa with more than a hundred million dollar two-year investment […]
Telephony : Maroc Telecom to launch 4G in Gabon
The Moroccan telecommunication group, Maroc Telecom, which is operating in several African countries, is about to launch 3G/4Gs in Gabon through its subsidiary in the […]