Belgium, willing to invest in Morocco’s maritime infrastructure- Ambassador

  Rabat  –  Belgian Ambassador to Rabat Frank Carruet expressed, on Thursday, that his country is willing to further invest in Morocco’s maritime and ports infrastructure projects. “Belgian companies are

Saudi Arabia will invest $91 billion to spur petrochemical industry

  Saudi Arabia has experienced a robust growth in its economy in recent years and growth of around 4 percent expected for the financial year 2014-2015. The growth came as

Egyptian economy is back on the right track

Egypt’s economy, battered by three years of political chaos that have seen the removal of two presidents, is beginning to firm as Arabian Gulf countries pump in aid and investment,

Al-Sisi invites Chinese inventors to March Economic Summit

  President Abdel Fattah Al-Sisi gave his speech before the Egyptian Chinese Business Council in China early Tuesday, inviting Chinese investors and companies to actively participate in the March 2015

Raytheon Wins $2.4bn Contract For Qatar Patriot System

U.S. weapons maker Raytheon Co has won a contract valued at $2.4 billion to supply 10 Patriot missile defense systems to Qatar, which is beefing up its defenses to counter

Qatar’s New Diversification Fund Attracts Investors

  If ever there were an example of investing internationally to reap the benefits of diversification, perhaps Qatar’s new venture is a shining example. Where, and how, it seeks to

Kuwait’s KUFPEC inks deal for China exploration deals

The international arm of Kuwait’s state oil company has announced that its Chinese subsidiary has three agreements covering three new exploration blocks located in the South China Sea. Kuwait Foreign

UAE’s Abraaj Group Buys Stake In Algeria-Based Logistics Firm

UAE-based private equity firm Abraaj Group has bought a stake in La Flèche Bleue Algérienne SPA (FBA), a company specialising in logistics and transportation services in Algeria. The investment firm

Prostitutes want Tunisia’s red light districts to get back in business

One of the tokens that johns in Tunisia use to pay prostitutes. Credit: Marine Olivesi Just a few streets away from the blue-doored houses of Sousse’s old town, one alley

Sheikh Mohammed Launches New Strategy, Dubai Plan 2021

UAE VP and PM and Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has launched Dubai Plan 2021, a new strategy outlining the emirate’s development framework over the next seven