Featured Oil prices jump about 2% following OPEC + production cuts Nada Ali Jun 5, 2023 0 Oil prices jumped more than $1 a barrel, or about 2 percent, on Monday, after Saudi Arabia, the world's largest oil…
Tech/AI Egypt’s SCZone announces $30 mln new Indian investments Nada Ali Jun 5, 2023 0 Egypt’s Suez Canal Economic Zone (SCZone) inked on Monday a contract to establish a factory affiliated with Abdos…
Financial Institutions CI Capital Holding earnings jump 92% in first quarter of 2023 Nada Ali Jun 5, 2023 0 CI Capital Holding's combined profits for Egyptian financial investments grew by 92 percent during the first…
Africa News Egypt bids to host Africa Cup of Nations 2027 Nada Ali Jun 5, 2023 0 The Confederation of African Football (CAF) announced on Thursday that it has received declarations of interest…
International News Mercedes won’t join Renault’s new electric van project Nada Ali Jun 5, 2023 0 Mercedes-Benz Group won’t take part in French company Renault’s FlexEvan electric project and will focus instead on…
MENA News Egypt, Qatar agree on launching initiative to support Sudanese people Nada Ali Jun 4, 2023 0 Egypt’s President Abdel Fattah al-Sisi and Qatar’s Amir Sheikh Tamim bin Al Thani agreed on Friday to launch a…
Tech news Samsung to set up mobile phone factory in Egypt Nada Ali Jun 4, 2023 0 Samsung Electronics, the world's biggest mobile phone maker, has agreed to set up a new mobile phone factory in…
Egypt News Egypt inks 3 deals with FAO funded by Netherlands, Japan Nada Ali Jun 1, 2023 0 Egypt's Ministry of Irrigation and Water Resources inked on Thursday three agreements with the Food and Agriculture…
Tech/AI Egypt’s El Sewedy Electric earnings double by 283% to EGP 3bln in Q1 2023 Nada Ali Jun 1, 2023 0 Egypt’s El Sewedy Electric announced on Tuesday that its profits doubled by more than 283 percent to 3.1 billion…
Featured Global renewable energy capacity expects to grow by 440 GW in 2023 – IEA report Nada Ali Jun 1, 2023 0 The International Energy Agency (IEA) said on Thursday that global renewable energy capacity is expected additions…