EU to raise gas imports from Nigeria until 2027
The European Union plans to increase its gas imports from Nigeria to compensate for the gas supply deficit due to…
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Belgium’s DEME to invest $3bln in Egypt for hydrogen project:
Belgium’s DEME is establishing a hydrogen product in Egypt, with investment valuing $3 billion for the first phase,…
UN chief says Hamas attacks did not happen in a vacuum
UN secretary general ,António Guterres said that Hamas attacks didn’t happen in a vacuum and that it is a result of…
Aramco, ENOWA to develop pioneering electro fuel demonstration plant
Saudi Aramco, global oil giant and ENOWA, NEOM’s energy and water company, have inked a joint development deal to…
Egypt’s telecoms allow free international calls to Gaza
Egypt’s telecom operators have declared allowing free international calls and messaging between Egypt and Gaza,…
EBRD assigns $2bln to fund green projects in Egypt in 2023
The European Bank for Reconstruction and Development (EBRD) has allocated $2 billion to fund development projects…
Egypt exports pharma supplies worth $24mln to Zambia
The Egyptian Authority for Unified Purchasing (UPA) supplied Zambia with pharmaceutical supplies valuing $24…
Egyptian Exchange briefing 22/10/2023
The Egyptian Exchange (EGX ) closed Sunday’s trading session in the green zone after the EGX30 main index rose by…
Banque Misr, Etisalat Egypt by e& launch a joint e-payments app
Banque Misr, Etisalat Egypt by e& announced on Sunday the launch of a joint e-payments company named SuperPay…
X to launch new premium subscriptions soon
X, the social media platform formerly Twitter, is introducing two new plans of premium subscriptions, according to…
Web Summit CEO Paddy Cosgrave resigns after posting an anti-Israel post on X
Tech conference Web Summit CEO, Paddy Cosgrave has resigned a week after his pro-Palestine post on X, formerly…
Siwa, Dahshur named in UNWTO’s list of best tourism villages
Dahshur in Giza Governorate and Siwa in Matrouh Governorate was named of best tourism villages at the 25th Annual…
Egypt, China ink debt swap MoU to finance development projects
Egypt and China have signed a debt swap memorandum of understanding (MoU) on Thursday, to fund development…
Egyptian ports release animal feed worth $3.9bln in a year: Agriculture ministre
The Egyptian ports have released more than 8 million tonnes of animal feed worth $3.9 billion during last year,…
Lenovo assigns MCS to distribute its data center, networking products in Africa
Lenovo, the Chinese multinational technology company ,has appointed the Middle East Information Technology Services…
Egypt’s Central Bank restricts foreign currency credit card use
Egypt's Central Bank(CBE) has announced new regulations on foreign currency credit card use, according to a…
MENA banking sector’s net profits grow 30% amid economic diversification: EY
The banking sector in the Middle East and North Africa recorded a 30 percent annual rise in net profits in the…
Egypt’s Suez Canal revenues rise 34.7%
The revenues of Suez Canal rose by 34.7 percent recording $9.4 billion compared to $7 billion in the last fiscal…
Bank of America’s unrealized losses on securities hit $131.6 bln in Q3
Bank of America's( BofA) unrealized losses on securities increased to $131.6 billion on securities held until…
Egypt, China’s TEDA sign new 4 investment deals in SCZone
Egypt has signed four new contracts with the Chinese industrial developer, TEDA, for new investment projects in…
New archaeological discovery in Minya :Egypt Antiquities council
ِA new archaeological discovery was uncovered in Minya governorate, announced the secretary general of Egypt’s…
EU investigates X over spreading hate speech
X, formerly Twitter, social media platform, stated that it has removed hundreds of accounts it said are affiliated…
Third strong earthquake hits Afghanistan in a week
A 6.3-magnitude earthquake hit western Afghanistan on Sunday in Herat province where more than 1,000 people were…
Russian wheat exports to remain high: Putin
Russia would continue to export large quantities of wheat next year despite sanctions imposed on Russia after…
Egypt calls for providing immediate humanitarian aid to Gaza
Egypt urges all countries and international organizations to send humanitarian aid to Gaza Strip through El Arish…
Egypt opens renovated 131-year old Greco-Roman museum
Egypt’s Prime minister Mostafa Madbouly reopened on Wednesday the 131-year old Greco-Roman museum after restoration…
Bank Hapoalim sees highest Israeli economic losses since 1973 October war
Israel's largest lender, Bank Hapoalim reported on Wednesday substantial losses worth $6.8 billion since the…
Maersk inaugurates new logistics projects in Egypt
The Danish Maersk company, a global leader in shipping and logistics, has declared its plans to inaugurate new…
Egypt becomes Saudi Arabia’s TAQA gateway for expansion in MENA
Egypt became one of Industrialization and Energy Services Company( TAQA) key hubs and its gateway for expansion…
INTERVIEW: We aspire to launch Cairo heritage week – Cairo Biography Initiative…
At heart of old Cairo at Sayda Zainab district Cairo Biography initiative celebrated its the third anniversary at…
Bank of Israel sells $30 bln as Shekel collapses
The Central Bank of Israel announced on Monday that it will sell $30 billion in foreign reserves after the shekel…
Egypt crowned Arab Champion in Paddle Tennis
Egypt has been crowned the Arab Champion in the Paddle tennis tournament, which was held for the first time in…
Microsoft CEO accuses Google of dominating online searching
Microsoft CEO Satya Nadella has accused Google of dominating market share in online searching through locking up…
Egypt’s Orascom Investment sells subsidiaries for $17.8 mln in Brazil
Orascom Investment Holding S.A.E (OIH) sold subsidiaries owning the real estate units located in Patio Victor…
2023 Nobel prize awarded to scientists behind Covid vaccines
The 2023 Nobel Prize in Physiology or Medicine has been awarded to biochemist Katalin Karikó and immunologist Drew…
ARADO launches its 1st regional conference: Cairo
Arab Administrative Development Organization(ARADO), which is affiliated to the Arab League (AL), launches its 1st…
Valu to expand in Jordan early 2024
ValU, MENA’s leading universal financial technology powerhouse, declares its expansion in Jordan early 2024,…
Egypt inks agreement with British council to boost scientific research
Egypt’s Science and Technology Development Fund (STDF) signed an agreement with the British Council on Monday to…
Egypt Delays Onion Export Ban to October
Egypt postpones onion export ban to the 1st of October in consideration of previously arranged export agreements,…
Algeria hosts African Startup Conference II in Dec
Algeria will host for the second edition of the African Startup Conference in December, according to a statement by…