Egypt industry: Law to limit industrial land usage to original landowners
Egypt's government is set to initiate new regulations aimed at preventing speculation, trading, and transfer of…
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Saint-Gobain to invest €300m in Egypt in 3 yrs
Saint-Gobain Glass Egypt plans a €300 million Egypt investment in the next three years, focusing on establishing…
IMF approves $7.3m to Guinea-Bissau
The International Monetary Fund (IMF) Executive Board completed the sixth review of Guinea-Bissau’s Extended Credit…
IFC, Microsoft partner to boost digital transformation in L. America, Caribbean
The International Finance Corporation (IFC) and Microsoft have signed a strategic agreement to boost digital…
Africa receives $4.61b in loans from China in ’23
Chinese lenders approved $4.61 billion in loans to Africa in 2023, the first annual increase since 2016, according…
Oil slightly down on Thursday
Oil prices steadied after a two-day decline, with stock market losses countering a drawdown in US stockpiles and…
Assiut Diesel Production Complex partners with EPROM for operational trials
Assiut National Oil Processing Company (ANOPC) is partnering with the Egyptian Projects Operation and Maintenance…
Helwan Fertilizers partners with Enppi to launch Egypt’s 1st melamine plant
Helwan Fertilizers Company has mandated Engineering for the Petroleum and Process Industries (Enppi) with the…
PIF secures $15b revolving credit facility
The Public Investment Fund (PIF) has secured a $15 billion revolving credit facility for general corporate…
UAE Fujairah Port oil product stocks drop, Russian fuel oil imports surge
UAE's Port of Fujairah saw oil product stockpiles remain largely stable for the week ending August 26, with total…