Egypt economy: Investment portfolio inflows hit $14.6b in 1st 9m of FY 23-24
Egypt’s investment portfolio rose to a $ 14.6 billion net inflow compared to $ 3.4 billion in the same period last…
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Egypt economy: FDI hits $23.7b net inflow in 1st 9m of FY 23-24
Egypt’s Foreign Direct Investments (FDI) in the first nine months of the 2023/24 fiscal year registered a net…
World Bank raises €2.5b euro bond, 1st for FY25
The World Bank, represented in the International Bank for Reconstruction and Development (IBRD), has successfully…
Fitch Ratings: Kuwait banks benefit from surge in M&A
Kuwaiti banks are gaining from a rise in mergers and acquisitions (M&A), which Fitch Ratings views as a…
WB raises $6.5b in record sustainable bond deal
The World Bank has raised $6.5 billion through a dual-tranche Sustainable Development Bond transaction, marking its…
Egypt govt. pledges financial boost for petroleum sector – FinMin
Finance Minister Ahmed Kouchouk unveiled a comprehensive plan to allocate necessary financial resources for Egypt’s…
EGX closes in green on August 20
Egypt’s stock exchange (EGX) closed in the green area on Tuesday, with the main index, EGX30 gaining 2.03 per cent,…
BP to finalise profit-sharing deal for Kirkuk fields
BP and Iraq are set to finalise a profit-sharing deal by year-end to develop Kirkuk's oil and gas fields. The…
Egypt’s govt. committed to support automotive industry
The Minister of Industry reaffirmed the government's commitment to supporting the growth of the automotive industry…
Ghana begins construction of $12b oil refinery
Ghanaian President Nana Akufo-Addo has launched the construction of a 300,000 barrel-per-day oil refinery in…