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Minister of Investment and Foreign Trade of Egypt, Hassan El-Khatib, announced that the government is preparing a comprehensive national investment map with clear sectoral objectives.

Egypt to Unveil a Comprehensive Investment Plan for Invite More FDI

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(3 Minutes Read) The plan, which will be finalised within three months, is designed to span ten years and aims to stimulate economic growth while...
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Egyptian pharmaceutical companies are set to inject around EGP 4 billion (USD 80 million) into expanding domestic production capacity this year, with plans to establish 20 new production lines. The move is part of a broader government strategy aimed at reducing the country’s dependence on imported medicines and strengthening local manufacturing.

Pharma Sector in Egypt Poised to Grow as 20 New Production Lines to Come...

News Desk -
(2 Minutes Read) The move is part of a broader government strategy aimed at reducing the country’s dependence on imported medicines and strengthening local manufacturing.  Egyptian...
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According to a press release from the Ministry of Transport, the primary focus of the meeting was to assess the operational framework for launching this new airline. A major component of the discussions involved the transfer of resources—both fleet and personnel—from Tassili Airlines, a company currently affiliated with the Sonatrach oil and gas group, to the new airline. This transfer is considered crucial to ensuring a smooth and efficient launch of the new air transport company.

Algerian Government Advances Plan for New Domestic Airline: Transport and Energy Ministers Co-Chair Strategic...

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(3 Minutes Read) Algeria’s Minister of Transport, Saïd Sayoud, and Minister of State for Energy, Mines, and Renewable Energies, Mohamed Arkab, jointly chaired a high-level...
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According to a press release  by Stellantis on May 21, the fully electric TRIS offers a 90 km range and will be available in three configurations: chassis-cabin, flatbed, and pick-up. The vehicle was designed at Centro Stile in Italy and created as an affordable ultra-light commercial vehicle.

FIAT Unveils Three-Wheeler EVMs in Morocco

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(3 Minutes Read) The vehicle was designed at Centro Stile in Italy and created as an affordable ultra-light commercial vehicle. FIAT Professional has unveiled its first-ever...
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Casablanca remains the undisputed center of Morocco’s startup activity. The city jumped 42 positions to rank 317th globally

Morocco’s Startup Ecosystem Picks Up

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(3 Minutes Read) Casablanca remains the undisputed center of Morocco’s startup activity. The city jumped 42 positions to rank 317th globally, with an impressive growth...
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More than 100 murals have been painted on the walls of Rabat, which concluded on May 18. Tours were organised to visit the murals and explain th

Jidar Festival in Morocco’s Capital, Rabat, Enthrals People

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(2 Minutes Read) More than 100 murals have been painted on the walls of Rabat, which concluded on May 18. Tours were organised to visit...
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In a joint statement, both companies revealed their ambitious vision to establish more than 210 retail outlets across Morocco over the next decade. These outlets will be operated under the Franprix and Monoprix banners, leveraging Casino’s brand strength and international franchising model.

Casino and H&S Invest Holding Forge Strategic Alliance to Launch Over 210 French Retail...

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(3 Minutes Read) French retail giant Groupe Casino has officially entered into a strategic partnership with Moroccan conglomerate H&S Invest Holding, aiming to introduce its...
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Many shipping lines have been forced to reroute around the Cape of Good Hope, adversely affecting the global maritime industry with increased sailing times, elevated operational costs, and inflationary pressure on end consumers.

Unprecedented Maritime Tensions in the Red Sea Affect the Suez Canal

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(3 Minutes Read) Many shipping lines have been forced to reroute around the Cape of Good Hope, adversely affecting the global maritime industry with increased...
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Egypt is in talks to secure as many as 60 LNG cargoes ahead of the high-demand summer season. With current international LNG rates, the procurement could amount to around USD 3 billion, posing a considerable financial burden amid the nation's ongoing economic difficulties.

Egypt to Import LNG to Meet Surging Domestic Demand

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(3 Minutes Read) The move is intended to counteract a significant drop in domestic gas output and avoid major electricity outages. Last week, Egyptian President...
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Speaking at a conference on Algeria’s economic potential, Zare’ Haghighi emphasised that trade offices typically operate under the mandate of Iran’s Trade Promotion Organisation (TPO), for facilitating

Algeria and Iran Set to Increase Economic Engagement

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(3 Minutes Read) Iranian companies would participate in the exhibition in large numbers. Algeria’s strategic position as a gateway to Europe and Central Africa makes it...
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