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France’s Nexans plans Africa cables manufacturing expansion
France’s Nexans plans to extend its sub-Saharan manufacturing capacity to make cables for domestic connectivity and supply renewable energy industries, Vijay Mahadevan, executive vice president for…
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Egypt draws up $ 9.8 bn from international institutions during 2020, minister
The International Cooperation Ministry marshaled $ 9.8 billion to finance development projects in 2020, Minister Rania Al Mashat said yesterday during the launch of the ministry’s annual report
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Egypt bans import of ceramics, porcelain for three months
The Egyptian Minister of Trade and Industry, Nevine Gamea, issued a decision to ban imports of ceramic and porcelain tiles for a period of three months effective as of the following day of its…
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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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