Category: Affairs

CBE: Egypt’s Real GDP Grows 2.4% in 9 Months

Egypt’s real gross domestic product (GDP) grew 2.4 per cent during the period from July 2023 to March 2024, compared to 4.1 per cent in corresponding period last year, a central bank report showed on Wednesday2/10/2024.

According to the Central Bank …

Health sector is investment between Egypt, France

Deputy Prime Minister for Human Development and Minister of Health and Population, Dr. Khaled Abdel Ghaffar, said that the health sector is a promising area for investment between Egypt and France, on the sidelines of his participation in the Egyptian…

Hyundai Motor, Saudi foundation sign MoU for smart city project

Seoul, Hyundai Motor Group said Tuesday it has signed an initial pact with a Saudi Arabian foundation for cooperation in a smart city project.

The South Korean automotive group and Misk Foundation signed a memorandum of understanding (MoU) for a par…

Morocco Tourism Revenues Hit Record $7.4 Billion in Jan-Aug

Rabat – Morocco’s tourism revenues surged to a record 76.4 billion dirhams ($7.4 billion) during the first eight months of 2024, marking a 7% increase in cumulative revenues, according to the Ministry of Tourism, Handicrafts, Social and Solidarity Eco…

Big investment between Egypt, France in maritime transport

Eng. Hassan El Khatib, Egyptian Minister of Investment and Foreign Trade, inaugurated the activities of the Egyptian-French Business Forum, as part of his current visit to France, in the presence of a large number of officials and representatives of t…

PM reviews implementation of UDF projects in Egypt

Prime Minister Moustafa Madbouli met Monday night with chairman of the Urban Development Fund Khaled Sediq to follow up on the implementation of UDF projects across Egypt.

Sediq posted Madbouli on progress achieved in the Darah Provincial Capitals De…

CBB Sukuk Al Ijara oversubscribed

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 391%.

Subscriptions worth BD 102 million were received for the BD 26 million issue, which …

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…