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Investment
Nigeria signs $500mln energy deal with Germany
Germany signed a $500m renewable energy and gas deal with Nigeria and announced its plan to invest €4 billion…
Dubai international chamber’s new office in Nigeria
Dubai International Chamber said on Friday that it has established its seventh African office in Nigeria to enhance…
Shell Egypt discovers new offshore natural gas reservoir
Shell Egypt has unveiled on Tuesday a new natural gas reservoir after completing the drilling of the first well in…
UK announces new initiative to develop climate resilient crops
British Prime Minister Rishi Sunak announces a new scientific project aimed at consolidating efforts to develop…
Egypt may receive more funds from IMF amid economic challenges
Due to the economic impact of the Gaza crisis, the IMF is seriously considering a possible increase in the loan…
Egypt announces tax incentives for green hydrogen projects – minister
Green hydrogen projects will be exempted from tax of 33 percent to 55 percent, as a way of adapting to the changing…
Egypt’s Oriental Weavers signs deal to power one of its plants with clean energy
Egypt's Oriental Weavers Company signed an agreement with Amarenco Solaris, a leading company in solar energy…
Middle East fund flight causes investors to withdraw record amounts from Saudi Arabia
The foreign investors withdrew an unprecedented amount of money from U.S. equity funds that tracked Saudi Arabia in…
Afreximbank, Hassan Allam sign facility agreement worth $200mln
Africa Export-Import Bank (Afreximbank) signed a facility agreement with Hassan Allam Group worth $200 million on…
Egypt’s natural gas imports halt amid Gaza conflict
Egypt’s cabinet revealed on Sunday that its natural gas imports had ceased and fell to zero from 800 million cubic…
