Renewable energy saves $520 billion globally in 2022 – report
The renewable power deployed globally around $520 billion in fuel costs last year, owing to the rapid expansion of…
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Saudi ACWA Power to pump $10bln into Egypt’s green sector
Saudia Arabia’s ACWA Power company plans to invest $10 billion in Egypt by 2026 to develop solar and wind power…
Egypt aims BRICS entry will lure foreign cash
Egypt aims its imminent inclusion in the BRICS bloc of developing nations will help ease its shortage of foreign…
Egypt to be full member of BRICS starting January 2024
South African President Cyril Ramaphosa declared an invitation to Egypt, Ethiopia, Argentina, Iran, Saudi Arabia,…
BRICS invites Egypt, KSA among other Middle East countries to join
The BRICS alliance is inviting a number of countries in the Middle East, including Egypt, to join the group,…
Egypt’s net FDI records $66.7bln over past 10 years – CAPMAS
Egypt’s net foreign direct investment (FDI) has reached $66.7 billion over the past ten years, according to Central…
Egypt’s exports to BRICS countries surge to $4.9 bln
Egypt's exports to BRICS countries reached $4.9 billion in 2022, up from $4.6 billion in 2021, recording an…
Morgan Stanley cuts China’s 2023 economic growth forecast to 4.7%
Morgan Stanley currently expects China's GDP growth of 4.7 percent this year, down from its previous forecast of…
South Africa, China ink trade agreements of $2.2 bln
China-South Africa relations have strengthened with the signing of 20 deals by the Chinese companies to buy…
Egypt’s FEC seeks to expand food sales to Brazil, China
Egypt’s Food Export Council (FEC) revealed its intention to expand international sales in the sector next year to…