Author
Egypt prepares 3rd FSRU to boost natural gas supply
Egypt’s Ministry of Petroleum and Mineral Resources is finalising preparations for the floating storage and…
Egypt’s Investment Min. inspects Nasr City Free Zone
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, carried out an inspection tour of the General…
Egypt, GE start building Mideast’s first MRI, ultrasound device plant
Egypt has started construction of the Middle East’s first factory to produce ultrasound and MRI machines, as part…
Syria eyes 1st US bank transaction within weeks
Syria expects to complete its first financial transaction with a US bank within weeks, Central Bank Governor…
Egypt approves EBRD expansion
Egypt has approved amendments to the European Bank for Reconstruction and Development (EBRD) founding agreement to…
Shell warns of shipping risks as Israel-Iran conflict escalates
Shell is taking extra precautions with its shipping operations in the Middle East due to escalating tensions…
Fed trims US GDP growth outlook
The Federal Reserve lowered its 2025 growth outlook. It indicated only gradual interest rate cuts in the coming…
Egypt’s Cabinet approves Gargoub Special Economic Zone establishment
Egypt’s Cabinet approved Wednesday the creation of the Gargoub Special Economic Zone on the country’s northwestern…
EGX closes in green area on June 18
The Egyptian Exchange (EGX) closed higher on Wednesday, supported by foreign and Arab investor buying.
AfDB 2023