UK economy to enter recession in fourth quarter, Goldman Sachs says
UK economy will go into stagnation later this year, with the risk that it could turn out to be a deep contraction…
Actis to set up green hydrogen plant in Egypt
British firm Actis, which is the largest private capital investment firm in Africa, signed on Thursday a memorandum…
Mediterranean Energy Partners to build green fuel plant in Egypt
Egypt-centered Mediterranean Energy Partners (MEP) has signed on Thursday a preliminary agreement to set up a green…
Asian markets stuck following Powell’s rate hike warning
Shares in the Asia-Pacific traded lower on Monday as the Nikkei 225 in Japan slipped 2.66 percent, while Shanghai…
Egypt doubles its cotton exports in 2021
Egypt’s exports of cotton rose to 1,761 thousand metric quintals in 2021, according to the Central Agency for…
India signs long-term agreement to import fertilisers from Saudi Arabia
Saudi’s Ma’adan mining company has signed four Memorandum of Understanding (MoU) with Indian companies to boost…
Egypt’s strategic wheat reserves cover up to 7 months – PM
Egypt’s Prime Minister Moustafa Madbouly assured that the strategic wheat reserve can cover the domestic…
Citi to shut consumer banking operations in Russia
Citibank will close its consumer and commercial banking businesses in Russia starting this quarter and expects to…
Egypt’s Qasr El-Aini Hospital starts using robots to perform surgeries
Egypt's Qasr El-Aini Hospital, one of the country's oldest hospitals, has started using robots to perform surgeries…
Egypt’s AAIB receives $10m to finance small projects
Egypt’s Arab African International Bank (AAIB) has signed on Sunday an agreement to receive 200 million Egyptian…
