The Egyptian Cabinet has greenlit a proposal from the Emirati company Masdar for commencing studies on a solar energy station project capable of generating up to 4 gigawatts.
In addition, they have approved advancing a project by the same company to …
Minister of Petroleum and Mineral Resources Karim Badawi has held a virtual meeting with Dalia El Gabry, the Vice President and Country Chair of Shell Egypt N.V. E (Shell Egypt), where a presentation was given about the company’s ongoing operations as…
Minister Hassan El-Khatib, responsible for Investment and Foreign Trade, held discussions with a delegation from General Electric Healthcare to assess the company’s existing and upcoming commitments within the Egyptian market.
During the meeting, the…
Egypt’s non-petroleum merchandise exports experienced a $325 million increase in July, to record $3.1 billion, marking a 12 percent growth compared to July 2023’s $2.8 billion.as confirmed by Essam El-Naggar, the Chairman of the General Organization f…
Egyptian Electricity Minister Mahmoud Esmat has discussed with the CEO of China’s Huawei and the CEO of Huawei Egypt Jim Liu and their accompanying delegation ways to cement co-operation in relevant fields.
The Ministry of Electricity said in a state…
Marrakech – Palmeraie Rotana Resort announced its distinguished recognition as the Best Golf Resort in Africa 2024, awarded by the prestigious Haute Grandeur Global Excellence Awards.
This honor highlights the resort’s outstanding commitment to excel…
Casablanca – The Casablanca Stock Exchange started its trading close to equilibrium on Thursday, with the MASI stabilizing at 13,914.33 points (pts).
The MASI.20, an index of the 20 most liquid stocks, increased by 0.02% to 1,128.01 pts, while the MA…
Casablanca – Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East.
The collaboration will alleviate key technical and commercial barriers to entr…
The Ministry of Oil renewed, today, Thursday, its confirmation of Iraq’s seriousness in adhering to voluntary production reduction decisions, confirming the submission of an updated production compensation plan to the OPEC Plus group.
The Ministry sa…
Prime Minister Mohammed Shia Al-Sudani stressed the importance of tax reforms in supporting the non-oil economy.
A statement by the Prime Minister’s Office stated that Al-Sudani chaired today, Thursday, a meeting of the Supreme Committee for Follow-u…
The cabinet under Moustafa Madbouli approved on Thursday 22/8/2024 a presidential decree approving a memo of understanding with the EU to boost Egypt’s economy and budget by one billion euros.
The financial assistance aims at easing foreign financing…
The Ministry of Oil confirmed its commitment to the voluntary production reduction decisions agreed upon within OPEC+.
The Ministry confirmed in a statement, within the framework of the Iraqi Ministry of Oil’s commitment to the decisions of the OPEC+…
Tripoli: Walid Al-Lafi, head of the Government of National Unity delegation to the National Dialogue Committee (4+4), affirmed that addressing Libya’s crises will remain incomplete until legitimacy is restored to its fundamental source: the will of th…
Tripoli: Walid Al-Lafi, head of the Government of National Unity delegation to the National Dialogue Committee (4+4), affirmed that addressing Libya’s crises will remain incomplete until legitimacy is restored to its fundamental source: the will of th…
Tripoli: UN Envoy Hanna Tetteh affirmed that holding elections is essential to promoting a culture of conducting elections in accordance with international standards, ensuring that responsible institutions are accountable to the Libyan people, and mak…
Tripoli: The United States welcomed Chevron’s return to Libya and the resumption of its cooperation with the National Oil Corporation.
According to Libyan News Agency, the US Embassy in Libya confirmed on its official website that this partnership …
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