Egypt: Suez Canal to be transformed
Consultations are being done by the Suez Canal’s Authority Board with several local investment banks to transform the canal into a much more lucrative venture […]
Business
Leading Automotive Electrical Distribution Systems Supplier Opens 4th Plant in Morocco
Lear Corporation, a leading global supplier of automotive seating and electrical distribution systems, announced earlier this month the official opening of a new world-class automotive […]
Egypt : EU ready to do business with Egypt
The European Union’s Ambassador to Egypt, James Moran, has applauded Egypt’s efforts in creating a sound environment for investors. He said that a delegation of […]
Maroc Telecom Confirms its Ranking as an African Telecom Champion
Maroc Telecom, the leading telecom operator in Morocco, has once again confirmed its African leanings by acquiring the branches of its new shareholder, UAE Etisalat, […]
UAE and New Zealand discuss economic and commercial expansion
New Zealand’s Minister of Trade, Tim Groser, is on a working visit to the United Arab Emirates and met with their Minister of Economy Sultan […]
Egypt: Tourism Minister opens doors to Gulf countries
Tourism Minister Hisham Zaazou has revealed that there are major investment plans targeting firms especially in the Gulf countries. The investment areas are located near […]
Iran: Aviation sector to be the next boom
Sanctions levied on Iran have hampered the growth of its aviation industry. Authorities are planning to revive the sector by spending massively to acquire enough […]
IAM, a Key Player in Boosting South-South Cooperation
The leading telecommunications operator in Morocco, Maroc Telecom or IAM (Arabic acronym for Ittissalat Al Maghrib) held its General Assembly on April 22. The General […]
Lebanon: Gas drilling to begin before 2016
A source close to the Lebanese government and the Petroleum Administration has reported that the country could begin drilling its gas before 2016. Companies are […]
Mideast and Africa top Foreign Development Investment growth
It is expected that the Middle East and Africa will achieve strong growth of at least 10% in inward Foreign Direct Investment (FDI) per annum […]