Browsing Category
Feature
Japan’s Toshiba set to end 74-year stock market history after $13.5bn deal
Japan's Toshiba Corp. announced on Thursday that it is set to end its 74-year stock market history, following a…
U.S. grants Kenya $60 mln to boost urban transport
The Unites States’ Millennium Change Corporation (MCC) has signed a $60 million agreement with Kenyan President…
Massive Nigeria-Morocco gas pipeline project may transport green hydrogen
Morocco is studying transporting green hydrogen via the anticipated Nigeria-Morocco gas pipeline project (NMGP),…
Egypt raises GDP growth target for 2024 and 2025: GAFI chair
Egypt’s government has raised gross domestic product growth (GDP) outlook for the current and upcoming financial…
Egyptian Exchange briefing 20/09/2023
The Egyptian Exchange closed low on Wednesday with the main index, EGX 30, falling by -0.79 percent to 19,797.23,…
Egypt signs €1 bln tyre factory in SCZone – cabinet
Egypt has signed a contract with Rolling Plus Chemical Industries to establish a tyre factory in the Suez Canal…
TotalEnergies to invest $300 mln in Adani Green projects
French oil major TotalEnergies is planning to invest $300 million to form a strategic partnership with Adani Green…
KUFPEC takes 40% in exploration zone off Egypt with Shell deal
Shell subsidiary BG International Limited signed an agreement to sell 40 percent of Egypt’s Nile Delta offshore…
Australia may cost $249bn to replace coal with nuclear power – minister
Australian Climate Change and Energy Minister Chris Bowen said on Monday that using nuclear power to replace…
Egypt’s Pickalbatros plans to inject $140mln in Morocco – CEO
Pickalbatros Hotels & Resorts Group, one of the largest hotel chains in Egypt, is planning to invest $140…