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A project to transform a large area of the Red Sea coast into a luxury tourism destination has been announced as part of the Kingdom’s plans to diversify its tourism offerings, attract investment and expand the sector’s role in the economy.

Egypt’s IT sector is seeing an increase in staffing, amid a surge in hiring by multinationals that are expanding operations in the country.

The Colombo Stock Exchange (CSE) is finalising plans to launch a dollar trading board, part of a broader strategy to develop Sri Lanka’s bourse into a regional capital markets centre and boost the inflow of foreign funds.

A projected housing shortage in Myanmar is driving the construction of affordable units in Yangon, with the government looking to assist development through new partnerships, project funding, legislative change and mortgage market support.

A requirement compelling Tanzania’s mobile operators to list a 25% stake of their companies on the local bourse should help boost equity trading.

L’Algérie connaît actuellement une augmentation considérable de ses capacités en matière de transport en commun avec le lancement de projets de métro léger et de métro dans les plus grandes villes du pays, dans le cadre d’une politique visant à réduire les embouteillages et améliorer la circulation des personnes.

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