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July 25, 2017


Philip Morris International to Convert Cigarette Factory in Romania into Smoke-Free Product Facility

  • Another step towards a smoke-free future
  • €490 million planned investment.
  • 300 new jobs to be created

(ME NewsWire)-- Philip Morris International Inc. (PMI) (NYSE/Euronext Paris: PM) is planning to invest approximately €490 million to transform its cigarette production factory in Otopeni, near Bucharest, Romania into a high-tech facility to manufacture HEETS, the tobacco units used with the electronic tobacco heating device"...

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July 24, 2017


Middle East and North Africa aren’t the next big hotspot for tech… yet

In the past, people didn’t give much thought to the startup climate in the Middle East and North Africa (MENA). But after Careem’s massive funding and Amazon’s acquisition of Souq, people are finally realizing the potential of the region. I’ve been fortunate enough to meet with entrepreneurs and help startups all over the region through my work for the US-based Hidden Founders. The local founders I’ve met in the region are tremendously ambitious about making MENA the next big nest for startups. However, while I’m tremendously positive about MENA’s tech scene, there are still few challenges that lie ahead — which need to be solved before the region can become a major hotbed for innovation. Here are the main problems facing the MENA region: MENA tech talent is excited about stability, not startups The shortage of tech talent across the Middle......

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July 24, 2017


Ghana to host 1st African aerospace exhibition

Ghana will host the first ever Aerospace and Aviation Exhibition (African Air Expo 2017) in West Africa, scheduled for October 24-26, 2017, at the Kotoka International Airport in Accra.

The event, would, among other objectives, to connect professionals from all areas in the aviation industry to examine human capital needs in the African aviation and aerospace industries, is under the auspices of the Ministry of Aviation in collaboration with 4M Events,"...

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July 24, 2017


Average annual inflation rate at 6.5% until June 2017

The evolution of the average annual rate of consumer prices stood at 6.5% until late June 2017, the National Statistics Office told APS.

Food prices rose moderately by 0.2% in June compared with May 2017, due, in particular, to higher prices for fresh agricultural products (+0 , 25%) and industrial food products (+ 0.23%), the agency said.


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July 24, 2017


OPEC-non OPEC follow-up meeting: Adjustments for a better stabilizing of markets

The prospects for OPEC -non-OPEC agreement on the reduction of oil production are expected to be examined, on Monday in Saint Petersburg (Russia), by representatives of the signatory countries, with a view to possible readjustments in a global oil market under pressure, Radio Algerie reported on Sunday.

This task has been entrusted to the Joint Ministerial Committee for the"...

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July 24, 2017


Four Sectors Are Mobilized To Stop The Bleeding Of Hard Currency

Trade and Industry Industry, Assassi Ahmed Abdelhafed, held a coordination meeting, on Thursday, on the subject of goods and outstanding products at the level of the sea and dry ports, in the presence of representatives of the Ministries of Industry and Mines, Agriculture, Rural Development and Fisheries, the General Directorate of Customs, and the Bank of Algeria, in order to focus on the points that should be followed in the context of ensuring the protection of the national economy and abide by the conditions of granting"...

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July 24, 2017


Algerian Engineer Launches First Website for Female Job Seekers in Saudi Arabia

An Algerian biomedical engineer is on a mission to make it easier for women to find work in Saudi Arabia by creating the first job-searching website for females in the Kingdom.

Australian-born Naziha Deriche, 23, who was raised in Saudi Arabia, realized after completing her postgraduate studies in Sydney last year that it was hard for her and her friends to find jobs in Saudi Arabia.

Most of the jobs advertised are ... for males in Saudi"...

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July 24, 2017


Nashwa Al Ruwaini Listed Among 100 Most Powerful Arab Businesswomen in Forbes

The Business Woman Nashwa Al Ruwaini CEO of Pyramedia - Media Consultancy & Productions, Al Joude Investments, Al Joude Advertising & Publicity and Delma Media Center & Spa was recently listed among the 100 Most Powerful Arab Businesswomen in Forbes Magazine. This is not the first time that Nashwa Al Ruwaini has been recognized by Forbes for her business achievements.


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July 24, 2017


Ultra HD Gains Momentum in the US with 30 Pay TV Providers Testing 4K Delivery on SES's Platform

(ME NewsWire)-- With an additional nine TV operators joining SES’s Ultra HD trials, a total of 30 US Pay TV providers, with a combined audience of more than 10 million subscribers, are now testing SES’s 4K content delivery platform across their distribution networks.

The latest wave of Pay TV system operators to ink Ultra HD trial agreements with SES includes:

July 24, 2017


Data Published in The Lancet Shows High Efficacy at 96 Weeks for First Investigational Two-Drug, Long-Acting Injectable HIV Regimen

- Long-term data from the Phase 2b LATTE-2 study demonstrated comparable antiviral activity to daily, oral 3-drug combination -

- Data presented as an oral late breaker at the 9th International AIDS Society Conference, 23-26 July 2017, Paris, France -

(ME NewsWire)-- Janssen Sciences Ireland UC, one of the Janssen Pharmaceutical"...

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