Dubai’s DEWA picks Masdar for 1800 MW sixth phase of solar park
Dubai Electricity and Water Authority (DEWA) selected Abu Dhabi’s renewable energy firm Masdar to build the 1,800…
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DEWA selects ACWA Power to construct, develop desalination plant
Dubai Electricity and Water Authority (DEWA) said on Wednesday that it picked Saudi Arabia’s ACWA Power as…
Telecom Egypt records $217 mln profits in H1 of 2023 – report
Telecom Egypt reported on Tuesday a net profit of 6.7 billion Egyptian pounds ($217 million) in the first half of…
Egypt starts trading sugar on commodities exchange
Egypt's commodities exchange invited companies to register to trade sugar on the bourse starting from Thursday's…
Jumia loses 1 million customers in Nigeria, Ghana, Egypt
Jumia, Africa’s e-commerce giant firm has posted its financial results for the second quarter of 2023, showing a…
Egyptian banks, firms inject EGP 61.46bn in low-income mortgage initiative
Egypt’s Social Housing and Mortgage Finance Fund has revealed in a recent report on Sunday that banks and companies…
Bahrain signs deals for 72 MW solar park to achieve net zero emissions
Bahrain has signed agreements to launch a solar park project with a capacity of 72 megawatts, as it will contribute…
Norway’s wealth fund earns $143 bln in H1 of 2023
Oil producer Norway’s sovereign wealth fund, the world’s largest single stock market investor recorded a profit of…
UK inflation drops sharply to 6.8% in July
U.K. headline inflation fell back sharply in July to an annual 6.8 percent, but the core consumer price index…
Egypt, Qatar to establish hospital in Sudan
The Egyptian Ambassador to Sudan Hani Salah, revealed on Monday a Qatari-Egyptian initiative to build a hospital in…