Egypt clears $105.3bn worth of goods by mid-May
Egypt cleared $105.3 billion worth of goods — including petroleum products — between January and mid-May 2024, as…
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EGX closes in red area on May 18
The Egyptian Exchange (EGX) ended lower on Sunday, with broad-based declines across major indices.
Egypt unveils economic roadmap to Senate, sets 4% growth target for FY2025/26
Egypt unveiled its draft economic and social development plan for the 2025/26 fiscal year before the Senate on…
Oman’s oil exports drop in March
Oman's oil exports fell by 4.9 per cent year-on-year to about 74.97 million barrels by the end of March, while…
Turkey discovers $30bn gas reserve in Black Sea
Turkey has discovered a new natural gas reserve of 75 billion cubic metres in the Black Sea, President Tayyip…
Guyana passes oil spill liability bill
Guyana's parliament passed new legislation late Friday to hold companies liable for damages caused by oil spills,…
China’s GS Global to build $15m garment factory in Egypt’s West Qantara
Egypt’s Suez Canal Economic Zone (SCZone) has signed a $15 million agreement with Chinese apparel manufacturer GS…
Egypt’s Sukari gold mine to see surge in investment, output
Egypt’s Sukari Gold Mine is set for a significant expansion following AngloGold Ashanti’s acquisition of the former…
Moody’s downgrades US credit rating to Aa1
Moody’s Ratings downgraded the United States’ long-term issuer and senior unsecured ratings to Aa1 from Aaa, citing…
EGX ends week mixed on May 15
The Egyptian Exchange (EGX) ended Thursday’s session on a mixed note, with the benchmark EGX30 rising 0.36 per cent…
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