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OPEC expects global oil demand at 1.8 mb/d in 2025
The global oil demand growth is expected to see a robust increase of 1.8 million barrels a day (mb/d) in 2025,…
Shell plans to develop N. Sea gas field
Shell has fanatically approved the development of the Victory gas field in the North Sea, increasing the company's…
Egypt signs gold exploration contract with Canada’s Aton Mining
The Egyptian Mineral Resources Authority (EMRA) and Canada’s Aton Mining Company entered on Wednesday into a new…
Egypt inaugurates 1st 100% Vietnamese factory
Egypt inaugurated the first factory with 100 per cent Vietnamese investments, with investments worth $30 million in…
Telecom Egypt gets 5G licence
Telecom Egypt received the licence to activate the 5G services on mobile phones, the Egyptian Cabinet said in a…
Hyundai sells China plant for $225 mln
Hyundai Motor Co. sold its plant in China in Chongqing for 1.62 billion yuan ($225 million), less than half the…
Egypt’s AMAN to provide e-commerce solutions to Dahab Masr
Egyptian FinTech firm Aman Holding signed a new partnership with Egypt’s Dahab Masr company to enable its customers…
Euro area annual inflation up to 2.9% – Eurostat
The Euro area annual inflation rate rose in December 2023 to 2.9 per cent, going up from 2.4 per cent in November,…
Emirates Steel Arka, Bahrain Steel sign $2bln 5-yr deal
Emirates Steel Arkan (ESA) and Bahrain Steel Company (BSC) signed a five-year iron-ore pellets (IOP) supply…
Hapag-Lloyd, Maersk form long-term alliance
Hapag-Lloyd and Maersk signed a long-term collaboration deal starting February 2025 with 3.4 million containers…