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Israel’s economy suffers estimated loss of $1.15 billion due to war in Gaza: MAI
Israel’s economy witnessed significant setback last week, with an estimated loss of approximately 4.6 billion…
Misr Italia injected EGP3 bln to launch projects
Misr Italia Properties has injected EGP3 billion till the end of September to launch its projects, according to CEO…
Egyptian ports release animal feed worth $3.9bln in a year: Agriculture ministre
The Egyptian ports have released more than 8 million tonnes of animal feed worth $3.9 billion during last year,…
Fitch: Israel on rating watch negative, war escalation to lead to rating action
Fitch has on Tuesday placed Israel's sovereign debt rating of "A+" on rating watch negative as it warned a major…
EGX announces sales of EGP 53.7 mln stake in Egypt’s cheese maker Arab Dairy
The Egyptian Exchange (EGX) announced on Wednesday the acquisition of 41.976 million shares in Egypt’s Arab Dairy…
Lenovo assigns MCS to distribute its data center, networking products in Africa
Lenovo, the Chinese multinational technology company ,has appointed the Middle East Information Technology Services…
Egypt’s Central Bank restricts foreign currency credit card use
Egypt's Central Bank(CBE) has announced new regulations on foreign currency credit card use, according to a…
Maersk inaugurates new logistics projects in Egypt
The Danish Maersk company, a global leader in shipping and logistics, has declared its plans to inaugurate new…
TAQA expands in Egypt as strategic hub for services
Industrialization and Energy Services Company (TAQA) aims to position Egypt as a regional hub and a robust gateway…
ADQ to buy stakes in 3 Egyptian energy firms before year-end: minister
Abu Dhabi's state holding company ADQ will buy stakes in three Egyptian energy firms before the end of the year,…