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Bank of Korea keeps door open to raising interest rate
Bank of South Korea (BOK) has warned on Tuesday of increased volatility as global markets brace for future hikes…
Gold rise slightly as dollar slips from 20-year high
Gold prices rose slightly in early Asian hours on Tuesday, as the dollar eased off a 20-year high.
Lafarge Egypt, Ostool convert trucks to run on natural gas
Lafarge Egypt a member of Holcim Group, along with Ostool company for land transportation have announced on Monday…
IMF didn’t require Egypt to lift bread, energy subsidies to unlock loan – minister
Egypt's Finance Minister Mohamed Maait said on Monday that the International Monetary Fund (IMF) did not require…
Denmark’s minister: EU must accelerate approval of renewable projects
Denmark’s minister of Climate and Energy Dan Jørgensen has called on Monday for European governments to give a help…
Honda Motor, LG Energy to build $4.4b EV battery plant in US
Honda Motor and LG Energy Solutions announced their intention on Monday to establish a new Electric Vehicle (EV)…
South Korea signs $2.2bn contract for Egyptian nuclear plant
South Korea has signed a $2.2-billion contract with the Russian company Rosatom to provide buildings and components…
Elon Musk: world civilisation still needs oil, gas
Billionaire Elon Musk said on Monday the world needs to continue extracting oil and gas in order to sustain…
Maait says $22 billion ‘hot money’ left Egypt
Egyptian Finance Minister Mohamed Maait said on Monday around $22 billion in short-term investment “hot-money” had…
Globeleq to build 3.6-GW green hydrogen complex in Egypt
Africa-focused independent power producer (IPP) Globeleq announced on Monday a new project that envisages the…