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 Mersal Foundation secures UN Women loan
Egypt’s Mersal Foundation has received funding from UN Women to provide speech therapy sessions, its founder Heba…
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…
GIG Insurance Egypt chooses Baker McKenzie as legal counsel to acquire AIG Egypt
GIG Insurance – Egypt has appointed Helmy, Hamza & Partners, Baker McKenzie Cairo office as its legal counsel…
Egypt’s Health Ministry launches Emergency scooter
Emergency electric scooter will speed up the ambulance service, according to the statement, of Hossam Abdel…
U.S. inflation slows down to 8.5% in July
The U.S. Consumer Price Index (CPI) increased 8.5 percent year-on-year in July, a slower annual increase compared…
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…
