Tech/AI ADNOC offers $7.6bln for Brazil’s Braskem Nada Ali May 7, 2023 0 Abu Dhabi National Oil Company (ADNOC) would present a joint acquisition offer to acquire Brazilian petrochemical…
Industry & Trade Egypt to reply on gold entry without customs for expatriates in 48 hours Nada Ali May 7, 2023 0 Egypt’s Minister of Finance Mohamed Maait, said on Saturday that he would respond to the proposal of gold entry…
News Fitch’s downgrade comes amid severe pressure on Egypt’s economy Nada Ali May 7, 2023 0 Egypt’s Minister of Finance, Mohamed Maait has commented on Fitch’s decision to downgrade Egypt from B+ to B,…
Egypt News CBE: non-petroleum trade balance deficit boosts to $6.5 billion in 6 months Nada Ali May 7, 2023 0 The Central Bank of Egypt (CBE) has revealed an improvement in the non-petroleum trade balance deficit of about…
News Lufthansa predicts summer travel boom after Q1 loss Nada Ali May 3, 2023 0 German airline Lufthansa expected strong demand for holiday travel this summer, while it reported a loss in the…
News WGA go on strike to address AI’s threat Nada Ali May 3, 2023 0 Thousands of Writers Guild of America (WGA) went on strike this week, in a move to cut the rise of generative…
Featured Exits MENA gets Egypt FRA’s securities promotion, underwriting licence Nada Ali May 2, 2023 0 Egypt-based fintech investment platform, Exits MENA, announced that it had obtained the final securities promotion…
Industry & Trade ADNOC signs three-year LNG supply deal with TotalEnergies Nada Ali May 2, 2023 0 Abu Dhabi National Oil Company (ADNOC) announced on Monday a $1 billion deal to provide liquefied natural gas (LNG)…
Banks Morgan Stanley plans to wipe up another 3,000 jobs Nada Ali May 2, 2023 0 Morgan Stanley is preparing for a plan to wipe out approximately 3,000 jobs by the end of June, as the Wall Street…
International News BP profit rises to $5bln in Q1 – report Nada Ali May 2, 2023 0 UK oil and gas BP reported on Tuesday a $5 billion profit in the first quarter, representing the second-best…