Morocco Welcomes 17.4 million Tourists in 2024
(3 Minutes Read)
Morocco has averaged USD 3.5 billion in FDI annually across all sectors, UN Tourism said recently, noting that USD 2.2 billion was...
Morocco to Increase EVM Production by 53%
(2 Minutes Read)
Morocco’s automotive production stands at 700,000 vehicles. By the end of the year, Morocco is expected to produce one million vehicles.
Morocco aims...
Egypt’s Expat Remittances Hit Unprecedented USD 26.4bn in First Nine Months of FY 2024/2025
(3 Minutes Read)
Egypt witnessed a historic surge in remittances from its citizens working abroad during the first nine months of the 2024/2025 fiscal year,...
Egypt’s PMI Increases to 49.5: Yet Behind Ideal Benchmark 50
(3 Minutes Read)
Both output and new business remained in contraction, but the drops were less severe than in the previous month. A smaller number...
Egypt to Receive Turbine Generator for its First Nuclear Reactor
(3 Minutes Read)
According to a statement issued by the ministry, Esmat was briefed by senior representatives from the two French companies regarding the readiness...
Egypt to Launch Upgraded Export Burden Rebate Program for 2025-26
(3 Minutes Read)
To guide equitable fund distribution, the government has adopted a comprehensive economic model that takes into account several key factors. These include...
Egypt and the EU to Strengthen Economic Cooperation to Boost Investments
(3 Minutes Read)
Minister of Planning, Economic Development, and International Cooperation (MPEDIC), Rania Al-Mashat, highlighted the critical role of the forthcoming launch of a €1.8...
Egypt’s Headline Inflation Increases
(2 Minutes Read)
This is primarily due to an unfavourable base effect, with some residual impact from energy price hikes in mid-April. The increase in...
UK Backs Morocco’s Autonomy Plan for Western Sahara
(3 Minutes Read)
Western Sahara has been disputed since Spain left its former colony in 1975. Morocco and the Polisario Front, a pro-independence group backed by...
Egyptian Pharma Company Ties Up with US Firm Dawah Pharma
(3 Minutes Read)
The joint venture structure grants the Egyptian side a 40 per cent share, while Dawah Pharma holds a 60% majority stake. The...
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