World Bank: GCC region economic growth to accelerate by ’26
Economic growth in the Gulf Cooperation Council (GCC) region is forecast to reach 1.6 per cent in 2024, with a…
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UAE
UAE’s ADNOC announces separate low-carbon firm
Abu Dhabi National Oil Company (ADNOC), the UAE’s largest oil producer, announced the creation of XRG, a new…
Pearl Group to build polyurethane plant in Egypt’s Ain Sokhna
The Suez Canal Economic Zone (SCZONE) and Germany’s Pearl Group signed a 100 million Egyptian pounds agreement on…
Remittances from Egyptian expats in BRICS nations hit $10.4b in FY22/23
Egyptian expatriates in BRICS countries remitted $10.4 billion during the fiscal year 2022/2023, down from $14.5…
BRICS investments in Egypt hit $4.4b in FY22/23
BRICS countries’ investments in Egypt declined sharply to $4.4 billion in the fiscal year 2022/2023 from $19.5…
Egypt’s imports from BRICS countries surge 17% in 8m
Egypt’s imports from BRICS countries rose 17 per cent to $24.5 billion during the first eight months of 2024,…
Egypt’s exports to BRICS nations up in 8m – CAPMAS
Egypt’s exports to BRICS countries surged 7.3 per cent to $5.7 billion during the first eight months of 2024,…
UAE advances free trade agreement with EAEU
The United Arab Emirates (UAE) is progressing towards a free trade agreement with the Eurasian Economic Union…
Russia-UAE trade triples over three years – Putin
Trade between Russia and the United Arab Emirates (UAE) has tripled over the past three years, according to Russian…
Egypt eyes JPMorgan GBI-EM relisting
Egypt is intensifying efforts to rejoin JPMorgan Chase & Co.'s Government Bond Index-Emerging Markets (GBI-EM),…
