Türkiye launches the largest oil, gas exploration ship in Mediterranean
Türkiye’s president Recep Tayyip Erdogan has inaugurated the newest and largest undersea hydrocarbon drill ship on…
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GIG Egypt insurance submits $238 million offer to buy AIG
Egypt’s Gulf Insurance Company (gig-Egypt) has submitted a compulsory purchase offer on the shares of AIG Egypt…
UK home buyers’ average mortgage reaches 30 years
UK home buyers’ average mortgage has reached a record high of 30 years, while the mortgage approvals fell more than…
Saudi Arabia intends to buy 25% of Egypt’s MOPCO
Saudi Arabia’s Public Investment Fund (PIF) has acquired on Tuesday 25 percent stake in the Egypt's Misr Fertilizer…
Egypt establishes independent fund for Suez Canal
Egyptian Cabinet has approved to establish a separate fund to manage Suez Canal’s revenues, as its headquarters…
Russia launches an Iranian satellite
Russia launched successfully a missile on Tuesday that carried an Iranian satellite into space, as Moscow and…
UAE’s ADNOC obtains $425m in H1 profits fueled by higher fuel demand
UAE’s ADNOC Distribution announced on Monday its net profit 1.56 billion dirhams ($425 million) for the first half…
Apple to launch first store in Saudi Arabia – minister
U.S. Technology company Apple will open soon a centre in the logistics area at King Khalid Airport in Riyadh for…
China sends first equipment shipment to Egypt for climate cooperation ahead of COP27
China dispatched its first shipment of equipment to Egypt in order to contribute in transforming Sharm El Sheikh…
Egypt hosts 9 million refugees among 133 countries – IOM
The International Organisation for Migration (IOM) in Egypt estimated on Sunday about current number of…
