Category: Affairs

Bahrain All Share Index, Islamic Index close lower

Manama, Bahrain All Share Index has closed at 2,008.30 points, marking a decrease of 0.30 points below the previous closing.

This decrease was due to the drop in the financial sector.

Bahrain Islamic Index has closed at 802.39 points, marking a dec…

Oil prices rise amid fears of widening Middle East conflict

Oil prices rose on Tuesday amid concerns about the expansion of the conflict in the Middle East and the possibility of a tropical storm later this week affecting production in the United States, the world’s largest crude producer.

Brent crude future…

UMS, GAFI sign cooperation protocol to promote investment in Egypt

A cooperation protocol was signed between the Egyptian General Authority for Investment and Free Zones (GAFI) and the United Media Services (UMS) to implement a strategy aiming for raising awareness, marketing and promoting investment in Egypt.

The …

Planning Minister, EIB President Meet on Enhancing Cooperation

Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, met with Ms. Nadia Calvino, the President of the European Investment Bank (EIB), the financing arm of the European Union (EU), Europe’s climate bank, and on…

11,000 tons of goods handled at Red Sea ports

About 11,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.

In a statement, the RSPA said imports included 4,500 tons of goods, 403 trucks and 101 cars, while the exports included 6,5…

France’s AFD offers pound 50m for women’s projects in Egypt

The French Development Agency has significantly advanced Egypt’s women’s economic empowerment efforts by providing a pound 50 million credit line for the Small Projects Support Programmes.

This initiative, launched in partnership with the Micro, Sma…

e-finance, Egypt Post launch ECOM Africa

e-finance for Digital and Financial Investments (e-finance) has announced the launch of ECOM Africa, a new e-commerce platform developed in partnership with its subsidiary eAswaaq and Post for Investment, a subsidiary of Egypt Post. The project will …

PM reaffirms govt. interest in boosting local industry

Prime Minister Moustafa Madbouli reaffirmed the state’s interest in supporting the industrial sector, which contributes to achieving more sustainable development goals and reaching the desired economic growth rates. He also highlighted the role of mi…

Jadu Filling Station to Enhance Fuel Access for Residents

Tripoli: The Jadu filling station will enhance access to fuel services for the city’s residents and surrounding areas. Brega Oil Marketing Company announced on Tuesday the completion of civil and construction works for the instant fuel filling station…