Egypt’s MIDOR Refinery expands production, strengthens market position
Egypt’s Middle East Oil Refining Company (MIDOR) significantly increased its production in 2024, refining over 46…
Egypt’s EDA explores boosting drug exports to Yemen
The Egyptian Drug Authority (EDA) head, Ali El Ghamrawy, held a meeting on Wednesday with the chairman of Yemen's…
EGP strengthens against US dollar at Wednesday’s close
The Egyptian pound (EGP) saw a rise against the US dollar (USD) on Wednesday, March 26, 2025, according to data…
Germany to charge fixed fee for hydrogen infrastructure use
Germany's network regulator proposed on Wednesday a fixed annual fee of €25 ($27) per kilowatt-hour per hour for…
Tesla to launch in KSA
Tesla will begin sales in Saudi Arabia next month, marking a thaw in relations between CEO Elon Musk and the…
Indian rupee ends slightly higher after volatile session
The Indian rupee ended slightly higher on Wednesday after a volatile trading session, driven by the expiration of…
Egypt seeks more US investments in ICT sector
Egypt's Minister of Communications and Information Technology, Amr Talaat, met with US Ambassador to Egypt, Hero…
Egypt establishes central operations rooms to monitor supply during Eid
Egypt’s Minister of Supply and Internal Trade, Sherif Farouk, has directed the establishment of central operations…
China’s Xin Feng signs $1.65-b deal for industrial complex in Egypt’s SCZone
Egypt's Prime Minister, Moustafa Madbouly, witnessed the signing of a $1.65 billion contract for the Xin Feng…
Sterling weakens, bond yields fall as UK inflation slows
British government bond yields and the pound sterling fell on Wednesday after data showed UK inflation slowed more…