Egypt’s mega projects to Boost Tourism
Egypt has opened a new international airport-The Capital International Airport on a one-month trial basis. The new Airport is located at around...
Sonatrach renews gas supply deals
Sonatrach, Algeria’s state-owned energy company continues to play a prominent role as a major gas supplier to Europe.The energy giant and Portugal’s energy company Galp, recently renewed...
US threatens sanctions if violence repeats in Sudan
Makila James, deputy assistant secretary for East Africa and the Sudan, informed a U.S. House of Representatives hearing that if violence against the protestors continue...
People sell gold in Sudan at throwaway prices to make ends meet
As the economic crisis in Sudan is intensifying, gold business is booming as more people exchange the precious metal for cash. Like...
Egypt’s trade relations with China and US surge high
The latest economic report on Egypt-China trade and economic relations reveal that trade exchange between Egypt and China surged by 27.6 percent...
Kingdom of Morocco to develop local defence industry
In its bid to develop a local military industry and to reduce the country’s dependence on foreign manufacturers, The North African Kingdom of...
Peace deal brings South Sudan extra oil revenues
As per data released by the International Monetary Fund (IMF) South Sudan earned $2.3 billion from its oil last year, up from...
Green shoots in Egypt’s Economic Outlook
Green shoots in the economic outlook of Egypt is visible with the economy recording positive growth in January–March from the prior period...
International outcry against military crackdown in Sudan
The United States, Britain and Norway have unanimously decried the brutal military crackdown on protesters by Sudan's military rulers killing many citizens....
BP agrees to sell off its stake in Gulf of Suez to Dragon Oil
British multinational oil and gas company (BP) one of the world's seven oil and gas "supermajors", has announced its decision recently to...
