Standing at 120m, Cairo Eye will be Africa’s largest wheel and the fifth largest wheel around the world and welcome between 2million to 2.5 million guests annually.
Browsing: North Africa Business
Algeria reduced its hydrocarbon exports by 11 per cent to 82.2 million tonnes of oil equivalent (TOE), the country’s Ministry of Energy has said. According to…
Bahrain-based Arab Banking Corporation (Bank ABC) has entered into an agreement with Blom Bank, Lebanon to acquire its 99.4% stake of Blom Bank Egypt for $427…
Meanwhile, the total trade volume between the two countries during the same period hit 12.895 billion dollars, with a 10 percent annual increase, according to Han Bing, minister counselor for commercial affairs of the Chinese embassy in Egypt.
EgyptAir will operate a daily flight routine to Doha, the capital of Qatar, a statement by the airline reveals on Thursday. The Egyptian national flagship carrier’s…
Asmarat is receiving over 130 slum-dwelling families in fully-furnished buildings, offering succour to underprivileged women, children and the physically challenged.
Chinese creditors have already granted Angola a three-year debt relief, which will enable the country to get more than $700 million in its next tranche of IMF (International Monetary Fund) financing in the coming days, according to the finance minister Vera Daves.
AfDB will also dedicate efforts to creating opportunities for women in the non-financial sectors.
According to the World Customs Organisation (WCO), inconsistent and obsolete laws and regulations, and resistance to change and lack of transparency in Customs administration operations in most African countries are major challenges to ensuring that the free trade takes off and continues uninterrupted in the operational phase starting this month.
Egypt achieved self-sufficiency in 2020 with the production of 6.5 million tonnes of rice, the cabinet has said. Egypt’s Minister of Supply, Ali Moselhy, at the…