Category: Affairs

Eroglu Garment invests $40m in new apparel factory in SCZone

Eroglu Garment, a subsidiary of the Turkish Eroglu Global Holding Group, has announced the establishment of a new ready-made garment factory in the Qantara West industrial zone of the Suez Canal Economic Zone (SCZone), marking a significant investment…

Haier to pump $50 mln investment in Egypt

Haier Egypt, a subsidiary of Chinese home appliance giant Haier,, is seeking a $50 million investment to expand its production and increase exports, the company’s Egypt director, Ahmed El-Gendy, said on Monday.

El-Gendy made his remarks during a meet…

FM looking forward to boosting ties with Tanzania

Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty said on Sunday he is looking forward to boosting relations between Egypt and Tanzania, scaling up the volume of trade exchange and promoting joint investments.

The foreig…

ADNOC Gas announces record Q2 net income of $1.19 billion

Abu Dhabi, ADNOC Gas announced strong financial results for the second quarter (Q2) of 2024, posting an adjusted net income of $1,190 million, a 21% year-on-year (y-o-y) improvement exceeding market expectations.

Revenues for the Q2 period of $6,076 …

Casablanca Stock Exchange Starts Week Lower

Stock Exchange (Casablanca) – The Casablanca Stock Exchange opened trading lower on Monday, with its benchmark index, the MASI, down 0.05% to 13,785.68 points.

On Friday, the MASI had closed with a loss of 0.04%.

Source : Agence Marocaine De Presse

Libyan House of Representatives Convenes Historic Session in Sabha

Sabha:The Speaker of the House of Representatives, Al-Salihin Abdul Nabi, has declared that the historic session held in Sabha signifies Libya’s unity and reinforces the institutional presence across the nation’s regions. This session marks the first …