Industry & Trade OPEC+ agrees 188k bpd output adjustment, reaffirms market stability Aya Anwar May 3, 2026 0 OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…
Featured Egypt, Algeria discuss expanding energy cooperation Aya Anwar Nov 20, 2025 0 Egypt’s Petroleum Minister Karim Badawy met Wednesday with Algeria’s Ambassador to Egypt, Mohamed Sofiane Berrah to…
Commodities OPEC+ to cut output by 137k bpd in December Aya Anwar Nov 3, 2025 0 The Organisation of the Petroleum Exporting Countries (OPEC+) decided to implement a production adjustment of 137…
Featured Egypt’s Petrojet wins $1.087b preliminary contract for Algerian oil field… Aya Anwar Oct 20, 2025 0 Egypt’s state-owned Petrojet has been awarded a preliminary contract worth $1.087 billion to serve as general…
Egypt News Egypt hosts North African health officials to showcase primary care model Nada Ali Sep 3, 2025 0 Egypt’s Ministry of Health said it received received a high-level delegation from the health ministries of Libya,…
Banks IMF sees growth ahead for Algeria Aya Anwar Jul 1, 2025 0 Algeria's economy is set to grow in 2025, supported by a recovery in hydrocarbon output and stable inflation,…
Commodities Egypt’s Future of Egypt strikes wheat deal with French suppliers Aya Anwar Jun 3, 2025 0 Egypt’s state grains buyer Future of Egypt agreed in April to purchase around 180,000 metric tons of French wheat…
Money Algeria to receive $3b from IsDB Aya Anwar May 20, 2025 0 Algeria is set to secure $3 billion in financing from the Islamic Development Bank (IsDB) over the coming three…
Industry & Trade Oman, Algeria agree on $298m investment, energy deals Aya Anwar May 6, 2025 0 Oman’s sovereign wealth fund signed a preliminary agreement with Algeria’s Finance Ministry to establish a $298.79…
Commodities OPEC+ receives updated output compensation plans from 8 members Aya Anwar Apr 16, 2025 0 The Organisation of the Petroleum Exporting Countries (OPEC+) has received revised oil output compensation plans…
Commodities OPEC+ reaffirms commitment to market stability with production adjustment Aya Anwar Apr 6, 2025 0 OPEC+ members Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to…
Featured Petrojet expands international operations, strengthens manufacturing capabilities Aya Anwar Mar 26, 2025 0 Egypt’s Petrojet secured new contracts worth 112 billion Egyptian pounds in 2024—60 per cent of which are outside…
Egypt News Egypt discusses water management cooperation with ACWUA Aya El Sayed Mar 2, 2025 0 Egypt's Minister of Water Resources and Irrigation, Hany Swailem, met with Secretary-General of the Arab Countries…
Egypt News Egypt reinforces African alliances at AU executive meetings Nada Ali Feb 13, 2025 0 Egypt’s Minister of Foreign Affairs Badr Abdel Atty emphasised the country’s dedication to bolstering strategic…
Egypt News Egypt’s c. bank hosts FSB’s RCG MENA meeting Nada Ali Feb 5, 2025 0 The Central Bank of Egypt (CBE) - Co-chair of the Regional Consultative Group for the Middle East and North Africa…
Africa News Egypt’s trade w/ African blocs up in ’23 Aya Anwar Nov 19, 2024 0 Egypt’s total trade with African Union countries reached $9.2 billion in 2023, marking a 5.7 per cent increase from…
Industry & Trade Egypt-Algeria trade volume hits $622m in 8m – CAPMAS Nada Ali Oct 28, 2024 0 Egypt and Algeria's trade exchange reached $622 million in first eight months of 2024.
Africa News BRICS New Development Bank approves Algeria membership Aya Anwar Sep 1, 2024 0 Algeria has officially become a member of the BRICS New Development Bank (NDB), according to the bank's president,…
Africa News Egypt remains Africa’s top investment destination – UNCTAD Nada Ali Jul 14, 2024 0 Egypt has been named Africa's top destination for foreign investment for the second consecutive year, according to…
Industry & Trade Jordan’s pharmaceutical exports rise 3.8% in H1 ’24 Nada Ali Jul 14, 2024 0 Jordan's pharmaceutical and medical supplies sector saw a 3.8 per cent increase in exports in the first half of…
Industry & Trade Egyptian food exports surge 30% in H1 ’24 Nada Ali Jul 8, 2024 0 Egyptian food exports hit a record $2.7 billion in the first five months of 2024, up 30 per cent from 2023.
Featured Nvidia partners w/ Qatar’s Ooredoo for AI Middle East expansion Aya Anwar Jun 23, 2024 0 Nvidia has signed a deal to deploy its AI technology at data centers owned by Qatari telecoms group Ooredoo in five…
Tech news Huawei launches $300m cloud zone in Egypt Nada Ali May 22, 2024 0 Huawei Cloud has launched its first cloud zone in Egypt, investing $300 million to become the first company…
News Egypt-Arab trade volume drops to $26b in ’23 – CAPMAS Aya El Sayed May 19, 2024 0 The trade volume between Egypt and Arab countries reached $26 billion in 2023, down from $29.5 billion in 2022.…
Energy Turkey, ExxonMobil pact to curb reliance on Russian energy Aya Anwar Apr 28, 2024 0 Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…
News Vladimir Putin going to UAE, Saudi for important discussions Aya Anwar Dec 5, 2023 0 Russia’s President Vladimir Putin will travel to the UAE and Saudi Arabia this week to hold “extremely important”…
Africa News Afreximbank awards exhibitors at IATF2023 Sama Mousa Nov 15, 2023 0 The African Export-Import Bank (Afreximbank) awarded a number of exhibitors at Intra-African Trade Fair (IATF 2023)…
Africa News Algeria to host fourth edition of Intra-African Trade Fair in 2025 Nada Ali Nov 14, 2023 0 Algeria has been selected to host the fourth Intra-African Trade Fair (IATF 2025), Olusegun Obasanjo, Chairman of…
Africa News Algeria hosts African Startup Conference II in Dec Mennatullah Hamzawy Sep 26, 2023 0 Algeria will host for the second edition of the African Startup Conference in December, according to a statement by…
News BRICS invites Egypt, KSA among other Middle East countries to join Sama Mousa Aug 24, 2023 0 The BRICS alliance is inviting a number of countries in the Middle East, including Egypt, to join the group,…
Africa News Egypt, Nigeria, Algeria to lead Africa’s gas supply market until 2027 Nada Ali Aug 21, 2023 0 Egypt, Nigeria, and Algeria are expected to dominate the African natural gas and liquefied natural gas (LNG) supply…
News Saudi SDAIA, Google Cloud to train 1K women from 28 countries Sama Mousa Aug 15, 2023 0 The Saudi Data and Artificial Intelligence Authority (SDAIA) is working with Google Cloud to train 1,000 women from…
Egypt News Egypt’s exports of engineering industries exceed $2 bln in H1 of 2023 Nada Ali Aug 6, 2023 0 Egypt's exports of engineering industries rose slightly in the first half of 2023 by an increase of one percent,…
News Wildfires kill 34 in Algeria due to heatwave Sama Mousa Jul 25, 2023 0 Wildfires in Algeria killed 34 people on Monday, including ten soldiers, according to Reuters, citing the interior…
Featured Algeria, TotalEnergies strengthen gas partnership with $740 mln contracts Nada Ali Jul 10, 2023 0 Oil and gas supermajor TotalEnergies and Algeria’s national oil company Sonatrach have signed deals totaling $740…
Africa News Top 10 African countries with highest economic mobility based on visa-free travel in 2023 Nada Ali Jun 18, 2023 0 A report done by Henley & Partners which ranks all passports in the world in terms of their Henley Passport…
Banks Fitch downgrades Tunisia’s rating to CCC- Yassmine Elbehnaihy Jun 11, 2023 0 Fitch Ratings downgraded Tunisia’s credit rating from CCC+ to CCC- on Friday, amidst economic uncertainty and…
Africa News Egypt bids to host Africa Cup of Nations 2027 Nada Ali Jun 5, 2023 0 The Confederation of African Football (CAF) announced on Thursday that it has received declarations of interest…
Featured BRICS receives membership requests from 19 countries Nada Ali Apr 26, 2023 0 Nineteen countries expressed an interest in joining the BRICS group of nations, including 13 countries have…
Industry & Trade Oil prices surge after unforssen production cuts Norhan Adel Apr 3, 2023 0 Several Opec Plus countries have announced on Monday their unforeseen decision to cut their oil production, causing…