AngloGold Ashanti to boost investment in Egypt’s Sukari gold mine – Cabinet
AngloGold Ashanti Ltd. plans to increase its investment in Egypt’s Sukari Gold Mine, CEO Alberto Calderon told…
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Egypt’s MSMEDA, AAIB bank sign EGP 150m deal to boost SME financing
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) signed a 150 million Egyptian pound…
S. Arabia’s PIF secures agreements with US asset managers
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), secured multi-billion-dollar agreements…
Oil falls on Thursday
Oil prices fell by more than $1 on Thursday as hopes for a potential US-Iran nuclear deal raised expectations of…
Egypt approves $221m petroleum agreements with intl. firms
Egypt's cabinet has approved 5 new petroleum concession agreements between the Egyptian General Petroleum…
Aramco signs 34 deals with US firms
Saudi Aramco has signed 34 memoranda of understanding (MoUs) and agreements with major US companies through its…
US CPI-U eases, 2.3% up YoY in April
US consumer prices rose by 0.2 per cent in April after a 0.1 per cent drop in March, according to the US Bureau of…
EGX ends in green area on May 13
The Egyptian Exchange (EGX) closed higher on Tuesday, supported by broad-based gains across major indices and…
Egypt’s FM discusses Maersk investment expansion
Egypt is seeking to deepen its strategic partnership with Danish shipping giant A.P. Moller–Maersk, prioritising…
Suez Canal offers 15% toll break for large vessels starting May 15
The Suez Canal Authority will offer a 15 per cent discount on transit tolls for large container vessels in a bid to…
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