Egypt plans to launch the Arab Alliance for Industrial Investment next week, aiming to boost exports and economic growth. This new entity, comprising 41 private companies, will focus on Arab markets with offices in Libya, Iraq, and the UAE. The initiative will provide various investor services, including promotional activities and liaising with government bodies. This move follows a 60% drop in Suez Canal revenues, totaling a $7 billion loss in 2024. Egypt targets $145 billion in foreign exchange inflows by 2030, significantly supported by Arab investments, which saw $39.5 billion from the UAE last fiscal year.
In a recent local Egyptian television interview with Foreign Minister Badr Abdelatty, he stated that “Egypt had utilized all peaceful
Morocco’s National Tourism Office and China Eastern Airlines have entered into a strategic partnership aimed at further boosting Morocco
At an inaugural meeting in Niamey, Niger launched its Consultative Council for Refoundation (CCR) as part of a political transition
As part of a trip by leading Saudi financiers and government representatives, to both Mauritania and Morocco, the forum, which
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