Egypt News ADNOC Distribution opens three service stations in Egypt Nada Ali Sep 24, 2023 0 The UAE’s largest fuel and convenience retailer, ADNOC Distribution announced on Saturday the inauguration of three…
Industry & Trade Palm oil records lowest price in 3 months on weak demand Nada Ali Sep 21, 2023 0 Palm oil fell to its lowest level in almost three months due to concerns about weak demand and rising production,…
News Türkiye raises key interest rate to 30% – central bank Nada Ali Sep 21, 2023 0 Türkiye’s central bank hiked on Thursday its key interest rate to 30 percent on Thursday, a 500-basis point jump…
Egypt News Egypt approves golden licence for GASCO to increase capacity Nada Ali Sep 21, 2023 0 The Egyptian Natural Gas Company (GASCO) has received on Wednesday the golden license from the government, to…
Industry & Trade Egypt discusses Emirati loan facility to purchase Kazakh wheat – Reuters Nada Ali Sep 21, 2023 0 Egypt is in talks for Emirati funding with an Abu Dhabi-based bank that would support in financing wheat purchases…
Banks Intesa Sanpaolo in talks with Egypt gov’t to buy remaining 20% stake in ALEXBANK Nada Ali Sep 21, 2023 0 Intesa Sanpaolo Group, the leading European bank and owner of 80 percent stake in AlexBank in Egypt, has started…
Featured Japan’s Toshiba set to end 74-year stock market history after $13.5bn deal Nada Ali Sep 21, 2023 0 Japan's Toshiba Corp. announced on Thursday that it is set to end its 74-year stock market history, following a…
News Egypt earmarks $3.2bln in FY2023-24 budget to develop educational services Nada Ali Sep 21, 2023 0 Egypt’s Minister of Planning and Economic Development said on Wednesday that the country has allocated 99.4 billion…
Africa News U.S. grants Kenya $60 mln to boost urban transport Nada Ali Sep 21, 2023 0 The Unites States’ Millennium Change Corporation (MCC) has signed a $60 million agreement with Kenyan President…
News Global debt hit a record of $3.7 trillion in H1 of 2023 – report Nada Ali Sep 20, 2023 0 The world economy’s debt rose by $10 trillion in six months to June this year to reach $307 trillion, according to…