Tech/AI Egypt Minister of Finance expects to raise $2bn foreign funds before end of 2023 Nada Ali Sep 7, 2023 0 Egypt’s Minister of Finance Mohamad Maait said on Thursday that new additional finance - unlike the rollout…
Banks Arab African International Bank first-half net profit reaches $106.1mln Nada Ali Sep 7, 2023 0 The African Arab International Bank (AAIB) has achieved a net profit of $106.1 million in the first half of 2023,…
Africa News G20 agrees full membership for African Union Nada Ali Sep 7, 2023 0 The G20 agreed to grant the African Union permanent membership, Asharq Business said on Thursday, citing people…
International News Wildfire costs Europe €4.1bn damages – report Nada Ali Sep 7, 2023 0 Wildfires spread in destinations like Sicily, Croatia and Greece, as it costs Europe an estimated €4.1 billion…
Egypt News Saudi Arabia’s NGDC, Egypt TAQA Arabia to build limited liability firm Nada Ali Sep 7, 2023 0 Saudi Arabia’s Natural Gas Distribution Company (NGDC) disclosed on Thursday about a MoU has signed with Egypt's…
Industry & Trade China’s exports decline 8.8% in August – customs data Nada Ali Sep 7, 2023 0 China's exports fell 8.8 percent in August year-on-year, beating a forecast of 9.2 percent drop forecast in a…
International News Ukraine’s economy grows by 2.2% in January to July 2023 Nada Ali Sep 7, 2023 0 Ukraine's gross domestic product (GDP) increased by 2.2 percent year-on-year during the first seven months of 2023,…
Industry & Trade Egypt’s Awlad Ragab plans to sell assets for EGP 850mln Nada Ali Sep 6, 2023 0 Awlad Ragab, one of largest retailer chains in Egypt, is seeking to sell assets of about 850 million Egyptian…
Banks ADCB prices $650mln green bond to support UAE’s net zero transition Nada Ali Sep 6, 2023 0 Abu Dhabi Commercial Bank (ADCB) said on Wednesday that it has successfully priced a $650 million green bond, the…
Banks ADEX inks $100mln of line credit deal with Egypt’s NBE Nada Ali Sep 6, 2023 0 Abu Dhabi Exports Office (ADEX) has signed a revolving loan facility of $100 million with the National Bank of…