Featured Nissan recalls 700K cars from Japan for manufacturing defects Nada Ali Jul 16, 2023 0 Nissan has announced the recall of 699,000 vehicles in Japan to address a range of defects that also affect more…
Industry & Trade McDonald’s to stop selling McCafé Bakery items this month Nada Ali Jul 16, 2023 0 The biggest fast-food chain Macdonald’s confirmed on Wednesday that it is ending the McCafé Bakery by phasing out…
Industry & Trade Shell provides Morocco with 500mln cubic meters of LNG in 12-year deal Nada Ali Jul 16, 2023 0 Morocco's Ministry of Energy Transport and Sustainable Development announced on Sunday that British giant Shell…
MENA News Saudi inflation records 2.7% in June 2023 Nada Ali Jul 16, 2023 0 Saudi inflation slowed down to 2.7 percent in June 2023 from 2.8 percent in May, driven by stable prices across all…
Egypt News Sisi heads for Nairobi to attend AU mid-year coordination meeting Nada Ali Jul 16, 2023 0 Egypt’s President Abdel Fattah al-Sisi arrived on Saturday to Kenya's capital, Nairobi, to participate in the Fifth…
Tech/AI EKHO opens new factories in Egypt with EGP 1.4bln investments Nada Ali Jul 16, 2023 0 Egypt Kuwait Holding Company (EKHO) announced on Saturday opening and developing factories in Egypt at 1.4 billion…
Banks Foreign holdings of Egyptian treasuries at EGP 392.5 bln by April-end – CBE Nada Ali Jul 16, 2023 0 Foreign holders of Egyptian treasuries stood at 392.499 billion Egyptian pounds by the end of April 2023, compared…
Banks CBE: banks loan jump to EGP 4.399 trln by Mar-end Nada Ali Jul 16, 2023 0 The Central Bank of Egypt (CBE) reported on Thursday that the lending balances rose to 4.399 trillion Egyptian…
Tech/AI Apple supplier drops out of $19.5 bln India factory plan Nada Ali Jul 13, 2023 0 Apple supplier Foxconn has pulled out of a $19.5 billion deal with Indian mining giant Vedanta to build a…
News Egypt aims to attract $45bn remittances annually by 2026 – PM Nada Ali Jul 13, 2023 0 Egypt’s Prime Minister Moustafa Madbouly announced that the government is targeting to increase remittances of…