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Saudi Electricity gets $567.5 million to finance power interconnection project with Egypt
Saudi Electricity Company (SEC) has secured a $567.5 million export credit agency (ECA) facility from Standard…
Gold prices in Egypt on August 11
Gold prices in Egypt decreased on Thursday as the global prices of the yellow metal recorded $1791 .
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 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…
Egypt’s Oriental Weavers to make full exit from China
Egypt’s Oriental Weavers, the world's largest manufacturer of machine-made carpets, has agreed on Wednesday to make…
Ukraine cuts off Russian oil from 3 countries
Ukrainian oil company UkrTransNafta has on Tuesday cut off Russian oil from Hungary, the Czech Republic and…
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)…
Inflation rises in Egypt again
Inflation is rise again in urban parts of Egypt after a month of calm, according to the state-run statistics agency…
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…
Gold prices in Egypt on August 10
Gold prices in Egypt declined slightly on Wednesday as the global prices of the yellow metal recorded $1789.49.