Industry & Trade McDonald’s dropped tomatoes from Indian menus amid supply shortages Nada Ali Jul 19, 2023 0 The fast-food chain McDonald's recently made news that they have drop tomatoes from its menu in most of its outlets…
Banks Egypt’s c.bank, CBN sign MoUs to exchange expertise in fintech, e-payment system Nada Ali Jul 19, 2023 0 The Central Bank of Egypt (CBE) signed two Memorandum of Understanding (MoU) with the Central Bank of Nigeria (CBN)…
Tech/AI Egypt’s GDP expects to rise about $18bln by 2050 due to green hydrogen – IDSC Nada Ali Jul 19, 2023 0 Egypt’s GDP is expecting to rise between $10 to $18 billion as a result of a nearly seven-fold increase in the…
unclassified Ford cuts prices on its electric F-150 Lightning pickups by $10K Nada Ali Jul 17, 2023 0 Ford Motor announced on Monday that it cuts prices for its electric F-150 Lightning pickup, saying its efforts to…
Financial Institutions EBRD extends $100 mln loan to Egypt’s Banque Misr for MSMEs Nada Ali Jul 17, 2023 0 The European Bank for Reconstruction and Development (EBRD) grants Banque Misr a $100 million loan for on-lending…
Banks ADIB-Egypt signs IFC first murabaha funding deal worth $50 mln Nada Ali Jul 17, 2023 0 Abu Dhabi Islamic Bank - Egypt (ADIB) signed a support financing agreement with the International Finance…
Tech/AI Egypt’s GAFI studies building 3 new free zones Nada Ali Jul 17, 2023 0 Egypt’s General Authority of Free Zones and Investment (GAFI) CEO Hossam Heiba said that the government is planning…
Real Estate Madinet Masr deals with MEDCOM for projects with investments of EGP 1bln Nada Ali Jul 17, 2023 0 Egypt-based developer Madinet Masr has signed a MoU with Misr Engineering Development Company (MEDCOM) for a number…
News China’s economy boosts by 6.3% in Q2 of 2023 Nada Ali Jul 17, 2023 0 The world’s number two economy reported on Sunday that GDP for the second quarter grew 6.3 percent, from a year ago…
MENA News Qatar trade balance falls by 47% in May Nada Ali Jul 16, 2023 0 Qatar's merchandise trade balance surplus last May declined by 46.8 percent year-on-year to 18.2 billion Qatari…