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Hapag-Lloyd, Maersk form long-term alliance
Hapag-Lloyd and Maersk signed a long-term collaboration deal starting February 2025 with 3.4 million containers…
Egypt to issue EGP 130 bln treasury bills
The Central Bank of Egypt will issue new treasury bills (T-bills) worth 130 billion Egyptian Pounds on Thursday…
iPhone overthrows Samsung as best-seller in ‘23
Apple’s iPhone overthrew Samsung smartphones and became the best-selling smartphone in 2023, Bloomberg reported on…
Egypt signs protocol with CIB to finance low-income housing
The Egyptian Social Housing Fund and the Commercial International Bank (CIB) signed a new protocol to enhance…
Bangladesh’s Summit to provide Petrobangla with LNG by ’26
Summit Group of Bangladesh has inked a preliminary agreement to provide state-owned Petrobangla with 1.5 million…
India’s Adani raises stakes in IANS to 76%
India’s Adani Group has increased its stake to 76 per cent in Indo-Asian News Service (IANS) company by subscribing…
Norway oil firms plan 3-year push for Arctic gas
Norway’s oil companies are planning a three-year ramp up in natural gas exploration in the Barents Sea, Reuters…
Egypt seeks renewable energy co-operation with NDB
The Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, expressed Egypt’s intention to…
Oman launches 2 bln riyals fund
The Oman Investment Authority launched on Wednesday a two-billion Omani Rial investment fund called Future Fund…
Nokia to invest $391 mln in Germany
Finland’s Nokia is set to invest 360 million euros ($391 million) in software, hardware, and chip design in…