EBRD and EU Support Greening of Morocco’s Pharmaceutical Sector
The EBRD is supporting Morocco’s pharmaceutical private sector with a MAD 380 million (€34.5 million) loan to Dislog Group companies, owned...
Economy
Morocco Targets 2 mln T of Wheat Imports in October-December
Morocco will offer subsidies to import up to 2 million metric tons of soft wheat between Oct. 1 and Dec....
Afreximbank Signs Land Acquisition Agreement for African Trade Centre in Egypt’s New Administrative Capital
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a formal agreement for the acquisition of land for the New Administrative Capital...
Johnson Controls Arabia Expands in Egypt With New Office
Johnson Controls Arabia, a leading provider of carbon-reduction solutions, has opened a new office in Egypt at Citystars, according to...
UAE’s Global Investment Holding Acquires 30% Stake in Egyptian Company
Part of government’s plan to divest its stake; tobacco manufacturer Eastern Company has over 70 percent market share in the...
Turkey Libya Express Service Added to Jeddah Port
The Saudi Ports Authority (Mawani) has announced the inclusion of Jeddah Islamic Port to the Turkey Libya Express (TLX) service...
Tunisia: President Fires Cereals Authority Chief Amid Rising Prices
Tunisia’s President Kais Saied has fired Béchir Kthiri, the Chief Executive Officer (CEO) of cereals Authority amid rising prices that...
Tunisia: Approved Agricultural Investments Decrease 25.9% in Value
Tunisia - Approved investments in the agricultural sector decreased by 25.9% in value and 15.9% in number between 2022 and 2023...
Egypt: Misr Cement Posts Plunge in H1-23 Profits, Turns to Losses in Q2
Cairo – The consolidated net profits after tax of Misr Cement – Qena hit EGP 63.68 million in the first...
Tunisia: 1,066 Sources of Income Created From December 2022 to August 2023
Tunisia - The economic empowerment programme for families in special situations, launched by the Ministry of Family, Women, Children, and the...
