North Africa – ‘Made in China’ now made in Egypt (Malaysian Mirror)

Posted on November 8th, 2009 by in Africa, News Headlines

‘Made in China’ now made in Egypt (Malaysian Mirror)
PORT SAID, Egypt -With cheap labour, investment incentives and unrestricted exports, one Chinese textile group has turned to Egypt as an ideal location to produce its ready-made garments, beating stiff competition at home. Read more…

China to raise Africa aid
China will reportedly increase investment in and aid to African countries despite the effects of global economic crisis.

4th ministerial conference of FOCAC begins in Egypt to deepen China-Africa cooperation (People’s Daily)
The Fourth Ministerial Conference of the China-Africa Cooperation Forum (FOCAC) opened in the Egyptian Red Sea resort of Sharm el-Sheikh on Sunday. Chinese Premier Wen Jiabao, Egyptian President Hosni Mubarak and African heads of state or government attended the opening ceremony of the two-day conference, with the theme of “deepening the new type of China-Africa strategic partnership for …

Egypt s Pioneers to Buy Beltone to Grow in Investment Banking (Bloomberg)
Nov. 8 (Bloomberg) — Pioneers Holding agreed to buy rival Egyptian securities firm Beltone Financial in a share swap, gaining asset-management expertise as it aims to create the Middle East s biggest investment bank.

Scholars on hymens reconstruction
Saudi religious scholars remain firm in their position that hymen-reconstruction surgery was “haram,” or religiously forbidden, according to a report.

Libyan Returnees Seek Yar Adua s Intervention (This Day)
A civil society group, Socio-Economic Rights and Accountability Project (SERAP), has appealed to President Umaru Musa Yar Adua to intervene in the plight of returnee Nigerians from Libya by putting in place machineries that will reintegrate them into the society.

Morocco’s king calls for action against ‘traitors’ threatening unity (The Daily Star Lebanon)
Morocco’s King Mohammad VI called on Friday for action against traitors who threatened the country’s “territorial integrity,” a direct warning to Western Sahara independence campaigners.Morocco took control of most of Western Sahara in 1975 after Spain withdrew, triggering a war with the independence-seeking Polisario Front that lasted until 1991 when the United Nations brokered a ceasefire.

Libya ‘began talks over justice for Wpc Yvonne Fletcher in 1992′ (Daily Telegraph)
Talks with Libya over the bringing to justice the killers of WPc Yvonne Fletcher took place as early as 1992 in a meeting between diplomats it is claimed.

Justice Minister meets Eritrean and Moroccan counterparts (The Peninsula)
Doha: The Minister of Justice H E Hassan bin Abdullah Al Ghanem met here today with Eritrean Minister of Justice Fawzia Hashim and her accompanying delegation, currently visiting Doha to take part in the 6th Global Forum on Fighting Corruption and Safeguarding Integrity.

Chinese premier leaves Egypt for home (People’s Daily)
Chinese Premier Wen Jiabao left for home Sunday night after his visit to Egypt and participation to the opening ceremony of the fourth ministerial meeting of the Forum on China-Africa Cooperation in the Egyptian Red Sea resort. In the opening ceremony, Wen delivered a speech titled Building the New Type of China-Africa Strategic Partnership. In his speech, Wen highly valued the friendship and …

China to boost aid to Africa as ties blossom
Chinese Premier Wen Jiabao offered Africa $10-billion in concessional loans over the next three years.

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