Egypt’s SCA, Maersk International sign a $500 million deal to develop SCCT
Egypt’s Suez Canal Authority (SCA) and Maersk International Group sign a $500 million deal to develop the Suez…
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Abu Dhabi’s IHC acquires 50% of Turkish renewable energy firm
UAE's sovereign wealth funds has acquired 50 percent of a Turkish renewable energy company for Dh1.8 billion ($490…
Egypt’s Mersal Foundation secures UN Women loan
Egypt’s Mersal Foundation has received funding from UN Women to provide speech therapy sessions, its founder Heba…
Egypt’s Suez Canal records highest daily traffic rate of 89 ships
Egypt’s Suez Canal recorded on Saturday the highest daily transit rate of transiting ships from both sides with 89…
U.S. inflation slows down to 8.5% in July
The U.S. Consumer Price Index (CPI) increased 8.5 percent year-on-year in July, a slower annual increase compared…
ENR, Talgo, NERIC sign protocol to localise railway industry in Egypt
Egyptian National Railways (ENR), Spanish company Talgo, and National Egyptian Railway Industries Company (NERIC)…
Egypt grants Talgo a $286m contract to manufacture 7 luxury sleeper trains
State-run Egyptian National Railways (ENR) has awarded on Tuesday the Spanish train manufacturer Talgo a €280…
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…
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…
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