John Cockerill, a global company, is set to enter into a partnership with Scatec and other companies to implement a green ammonia production plant in Damietta, Egypt, with an investment exceeding $900 million.
During a meeting with Egypt’s Petroleum …
The Central Bank of Egypt (CBE) will launch an investment guarantee agency for Africa tomorrow, Tuesday 1/10/2024, with a capital of $50m, the Deputy Minister of Foreign Affairs and Emigration, Ambassador Abu Bakr Hefny, said. The agency will be the f…
The Egyptian programme for paying dues to foreign partners in petroleum sector is on track, with regular payments set to continue from October, Minister of Petroleum and Mineral Resources Karim Badawy affirmed on Monday 30/9/2024.
Badawy further high…
Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, announced on Monday 30/9/2024 that centralised distribution of mazut to building materials factories shall start on October 1st.
The Ministerial Group for Industrial Devel…
During a recent meeting convened by Prime Minister Mustafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Essmat reported that efforts to tackle electricity theft have led to the recovery of around LE 1.2 billion within a month and a h…
Manama, Bahrain All Share Index has closed at 2,012.77 points marking a decrease of 0.92 points below the previous closing.
This decrease was due to the drop in the consumer discretionary sector, financial sector and real estate sector.
Bahrain Isl…
Manama, The Labour Market Regulatory Authority (LMRA) announced the implementation of 2,179 inspection campaigns and visits, during the period of 22 – 28 September 2024, which resulted in the detention of 40 violating and irregular workers, while 151…
Manama, Gulf Air, the national carrier of Bahrain, announced the expansion of their longstanding partnership with Thai Airways, further strengthening their commitment to providing passengers with seamless travel options across their combined networks…
Manama, Bahrain All Share Index has closed at 2,013.69 points, marking a decrease of 0.18 points below the previous closing.
This decrease was due to the drop in the financial sector.
Bahrain Islamic Index has closed at 805.87 points, marking a dec…
Beijing, China’s central bank conducted 182 billion yuan (about 25.96 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Sunday.
The move aims to keep liquidity in the banking system reasonable and ample at the end o…
Prime Minister Moustafa Madbouli reviewed a number of work files with Finance Minister Ahmed Kouchouk, in the presence of several ministry leaders.
At the beginning of the meeting, Kouchouk referred to the ministry’s efforts regarding the government’…
Minister of Investment and Foreign Trade Hassan Al-Khatib is heading to the French capital, Paris, on his second European tour. The visit includes holding official meetings with representatives of major French companies and the French business communi…
Tripoli:The Finance Committees of the High Council of State and the House of Representatives convened a meeting today, focusing on the proposed unified salary scale for public sector employees.
According to Libyan News Agency, the meeting was attend…
Tripoli:The Finance Committees of the High Council of State and the House of Representatives convened a meeting today, focusing on the proposed unified salary scale for public sector employees.
According to Libyan News Agency, the meeting was attend…
Tripoli:The Minister of Health in the Government of National Unity, Mohamed Ali Al-Ghouj, convened with the Japanese Ambassador to Libya, Shimura Izuru, to explore opportunities for enhancing collaboration in the health sector and to set priorities fo…
Tripoli:The capital city of Tripoli is set to host the second session of the Permanent Libyan Economic Forum on November 11 and 12. This event will gather local and international officials, experts, and economic figures to deliberate on the Libyan eco…
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