Egypt’s GASC buys 240K tons in international tender
Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), has purchased 240,000 metric tons…
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Abu Dhabi launches AI Arabic language model–Jais
Inception, a unit of Abu Dhabi AI company G42, Mohammed bin Zayed University of Artificial Intelligence and Silicon…
Saudi ACWA Power secures $123 mln to construct solar project in Egypt
Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million…
Arab Investment Bank, Visa team up to boost e-payments in Egypt
EFG Holding’s Arab Investment Bank (aiBANK) has entered into a long-term partnership agreement with Visa, to…
Egypt’s Orascom Construction to build $61.4mln luxury resort
Egypt’s Orascom Construction has recently signed a $61.4 million contract with Eagle Hills Properties, a UAE-based…
Egypt-Sudan trade exchange volume hits $1.4bln in 2022 – CAPMAS
The value of bilateral trade between Egypt and Sudan grew by 18.70 percent to reach $1.40 billion in 2022, from…
Saudi Arabia, Türkiye sign cooperation deal to boost mining field
Saudi Arabia and Türkiye signed a memorandum of understanding (MoU) to advance cooperation in mining sector,…
Afreximbank lends Egypt $400mln for phosphate fertiliser project
The African Export-Import Bank (Afreximbank) approved a loan of $400 million to finance a phosphate fertiliser…
Egypt earmarks $1.9bn for 45 new exploratory gas wells until mid-2025
Egypt is planning to drill 45 natural exploratory gas wells in the Mediterranean and the Nile Delta, envisaging…
EgyptAir to start 1st direct flight from Cairo to Port Sudan in Sep
EgyptAir, the state-run aviation company will operate its first direct flight from Cairo to Port Sudan starting on…