Egypt News Egypt’s SCA, Maersk International sign a $500 million deal to develop SCCT Nada Ali Aug 11, 2022 0 Egypt’s Suez Canal Authority (SCA) and Maersk International Group sign a $500 million deal to develop the Suez…
Tech/AI Abu Dhabi’s IHC acquires 50% of Turkish renewable energy firm Nada Ali Aug 11, 2022 0 UAE's sovereign wealth funds has acquired 50 percent of a Turkish renewable energy company for Dh1.8 billion ($490…
Egypt News Egypt’s Mersal Foundation secures UN Women loan Nada Ali Aug 11, 2022 0 Egypt’s Mersal Foundation has received funding from UN Women to provide speech therapy sessions, its founder Heba…
Industry & Trade Egypt’s Suez Canal records highest daily traffic rate of 89 ships Nada Ali Aug 11, 2022 0 Egypt’s Suez Canal recorded on Saturday the highest daily transit rate of transiting ships from both sides with 89…
International News U.S. inflation slows down to 8.5% in July Nada Ali Aug 10, 2022 0 The U.S. Consumer Price Index (CPI) increased 8.5 percent year-on-year in July, a slower annual increase compared…
Industry & Trade ENR, Talgo, NERIC sign protocol to localise railway industry in Egypt Nada Ali Aug 10, 2022 0 Egyptian National Railways (ENR), Spanish company Talgo, and National Egyptian Railway Industries Company (NERIC)…
Egypt News Egypt grants Talgo a $286m contract to manufacture 7 luxury sleeper trains Nada Ali Aug 10, 2022 0 State-run Egyptian National Railways (ENR) has awarded on Tuesday the Spanish train manufacturer Talgo a €280…
Mining Türkiye launches the largest oil, gas exploration ship in Mediterranean Nada Ali Aug 10, 2022 0 Türkiye’s president Recep Tayyip Erdogan has inaugurated the newest and largest undersea hydrocarbon drill ship on…
Egypt News GIG Egypt insurance submits $238 million offer to buy AIG Nada Ali Aug 9, 2022 0 Egypt’s Gulf Insurance Company (gig-Egypt) has submitted a compulsory purchase offer on the shares of AIG Egypt…
Financial Institutions UK home buyers’ average mortgage reaches 30 years Nada Ali Aug 9, 2022 0 UK home buyers’ average mortgage has reached a record high of 30 years, while the mortgage approvals fell more than…