Egypt will offer Hurghada International Airport to private operators by year-end, marking the country's first airport privatization, according to Egypt Today. The International Finance Corporation (IFC) is advising on the strategy, which aims to boost efficiency and align with global service standards. The move is part of Cairo’s broader push to attract foreign investment and modernize key infrastructure sectors, including tourism.
Morocco has approved the creation of a new state-backed company aimed at developing industrial zones dedicated to domestic defense production,
Algeria has canceled a major port construction deal with China and is now turning to France to modernize its maritime
Escalating hostilities between Israel and Iran over the weekend have rattled Egypt’s economy and dealt a blow to its
Morocco is ramping up investment in desalination, dams, and water transfer projects to counter prolonged drought and protect its agricultural
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