Egypt awards Maridive $17.8 million oil contract
Egypt's government rewards Maridive & Oil Service a one-year contract valued at $17.8 million to provide…
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Egypt to partner with General Motors on vocational training
The Egyptian government is collaborating with General Motors Egypt to enhance vocational training programmes,
Egypt seeks to boost energy production w/ ExxonMobil
Egypt’s government aims to leverage its successful global partnerships in exploration and production to drive a…
S. Arabia’s PIF’s assets under management reach $765b in ’23
The Public Investment Fund (PIF) showed strong performance in 2023, with assets under management growing by 29 per…
US power grid adds 20.2 GW in H1 ’24
The US power grid expanded by 20.2 gigawatts (GW) of utility-scale electric generating capacity in the first half…
Oil down on Tuesday
Oil prices went down on Tuesday as Israel accepted a US proposal to address disagreements hindering a ceasefire in…
EGX closes mixed on August 19
Egypt’s stock market (EGX) closed mixed on Monday. The main index, EGX30 went down by 0.48 per cent, to 29,320.18…
Egypt mulls selling bread by weight
The Minister of Supply and Internal Trade has proposed selling bread by weight soon. He acknowledged that while…
Egypt to review subsidised sugar price
The Minister of Supply and Internal Trade announced that the government will not maintain the current subsidised…
Egypt seeks to secure 20m tons of wheat
Egypt's Minister of Supply and Internal Trade announced that the country requires approximately 20 million tons of…