Egypt News Egypt’s MOPCO net profit hits EGP 5.9 bln in ’23 Nada Ali Feb 18, 2024 0 Egypt’s Misr Fertilizers Production Company (MOPCO) achieved a net profit of 5.97 billion Egyptian pounds in 2023,…
Financial Institutions IMF: Red Sea shipping activity down 50% due to Gaza war Nada Ali Feb 11, 2024 0 Shipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the conflict in Gaza,…
Financial Institutions IMF chief confident in economic outlook despite uncertainties Nada Ali Feb 11, 2024 0 International Monetary Fund’s (IMF) managing director Kristalina Georgieva expressed confidence on Sunday in the…
Money Apollo targets stake in AlShaya’s Starbucks Aya El Sayed Feb 8, 2024 0 Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in the…
Featured Global oil market turns local amid Red Sea unrest Aya Anwar Feb 4, 2024 0 Oil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies from closer…
Money Adani Green secures $750 mln to repay due bond Aya El Sayed Jan 29, 2024 0 Gautam Adani’s renewable energy unit secured funds to repay its $750 million bond due in September, with some of…
Featured Israel focuses on its climate goals away from war – Gideon Behar claims Aya El Sayed Dec 7, 2023 0 Israel wants to continue its climate goals away from the war in Gaza, Israel's special envoy for climate change,…
Featured Arab Energy Fund invests $1bln in decarbonisation Aya El Sayed Dec 5, 2023 0 The Arab Energy Fund, formerly APICORP, announced on Monday that it intends to invest up to $1 billion in…
Featured First truce violation: new attacks on Gaza city, Khan Yunis Aya El Sayed Nov 28, 2023 0 Despite the agreement to extend the humanitarian truce in the Gaza Strip for two additional days, Tuesday witnessed…
Africa News President Sisi welcomes Hungarian president Aya El Sayed Nov 28, 2023 0 Egypt's President Abdel Fattah al-Sisi received Katalin Novak, the President of Hungary, at Al-Ittihadiya Palace…