Egypt’s plastics exports hit $1.7 bln in 2023: CEC
Egypt’s exports of plastic products have reached $1.75 billion in 2023, representing 27 per cent of its chemical…
Mozambique to receive $60.7mln IMF loan tranche
The International Monetary Fund (IMF) completed Mozambique’s third loan od around $60.7 million, Reuters reported…
$95bln insurance losses from natural disasters in ’23
Natural disasters, including earthquakes in Turkey and Syria and storms in the United States, resulted in an…
Egypt to increase spending on education, health in ’24-25 budget
Egyptian President Abdel Fattah al-Sisi directed the Finance Minister to increase spending on improving the lives…
Egypt to build healthcare resort in Giza
The General Authority, Investment, and Free Zones (GAFI), Misr Investment and Development (MID) Company, and Maxim…
PLASTEX 2024 launches its 19th edition in Egypt
PLASTEX2024, the 19th edition of the largest plastics and rubber exhibition in the Middle East and North Africa,…
Oil prices rise in early Tuesday trade
Oil prices rise by more than 1 per cent in early Tuesday trade. Brent Crude rose by 1.14 per cent or 0.86 cents, to…
China’s COSCO suspends shipping to Israel amid Houthi attacks
China’s state-owned and largest shipper COSCO suspended shipping to Israel, Reuters reported on Tuesday, citing…
Red Sea attracts oil tankers despite Houthi attacks
Oil and fuel tankers have continued to navigate the Red Sea despite the ongoing Houthi attacks, a Reuters analysis…
S. Arabia borrows $12bln in bonds
Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
