Category: Affairs

Egypt seeks to be regional investment, export hub

Minister of Finance Ahmed Kouchouk said that Egypt seeks to be a regional hub for investments, exports, and production of clean energy sources, particularly green hydrogen.

This came during his first participation in the 2nd meeting of BRICS ministe…

Environment min. holds meeting with UN deputy secretary general

Environment Minister Yasmine Fouad held a meeting with UN Deputy Secretary-General Amina Mohammed to reach a consensus toward a new goal for climate finance.

During the meeting, Fouad discussed the points of disagreement and agreement on the new goa…

Production concerns drive oil prices up to $77.78 per barrel

Oil prices rose more than one percent on Thursday, supported by higher fuel demand as a major storm swept through Florida and concerns about possible disruptions to Middle East supplies.

By 13:30 GMT, Brent crude futures rose $1.2, or 1.6 percent, to…

Oil prices rise, Brent hits $76.95 a barrel

Oil prices rose in early Asian trading on Thursday, as a result of increased demand for fuel amid a major storm in Florida, USA, and amid concerns about possible supply disruptions from the Middle East.

Brent crude futures rose 37 cents, or 0.5 %, to…

PM visits Luxor to follow up progress of some projects

Prime Minister Mostafa Madbouli said his visit to the Upper Egyptian governorate of Luxor is aimed at following up on the pace of work in the ongoing and implemented projects to improve the quality of services offered to citizens there.

Madbouli made…

EIB Eyes Greater Role in Financing Morocco’s Development Projects

Rabat – The European Investment Bank (EIB) is seeking to deepen its involvement in financing Morocco’s key development initiatives, aligned with the country’s economic and social priorities, EIB Vice-President Ioannis Tsakiris said on Thursday in Raba…

Casablanca Stocks Open Higher as MASI Extends Gains

Stock Exchange (Casablanca) – The Casablanca Stock Exchange started higher on Thursday, with the all-stock index, the MASI, improving by 0.17% to 14,172.66 points.

This comes on the heels of a strong session on Wednesday, where the MASI climbed 0.92%…

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…