Category: BUSINESS

Egypt, Turkey Sign 17 MoUs, Aim for $15B Trade Exchange Annually

Turkish President Recep Tayyip Erdogan stated on Wednesday 4/9/2024 that economic cooperation and trade composed the main components of Egyptian-Turkish relations, saying that the two countries aim for $15 billion worth of trade annually in the coming…

Bahrain All Share Index marks 1,944.41 points

Manama, Bahrain All Share Index has closed at 1,944.41 points, marking a decrease of 3.82 points below the previous closing.

This decrease was due to the drop in the communications services sector and materials sector.

Bahrain Islamic Index has clo…

Summer 2024 Tourism Results Show Positive Trends for Morocco

Rabat – Morocco’s tourism sector has shown “positive” results for the summer season of 2024, according to the Minister of Tourism, Handicrafts, and Social and Solidarity Economy, Fatim-Zahra Ammor.

In a recent interview with MAP, Ammor highlighted th…

Egypt’s PM Madbouly Praises FOCAC’s Impact On Sino-African Ties

Egypt’s Prime Minister Mostafa Madbouly has highlighted the pivotal role of the Forum on China-Africa Cooperation (FOCAC) in strengthening Sino-African relations.

In an interview with Xinhua News Agency, Madbouly emphasized the forum’s ability to dri…

Egypt’s PM Madbouly Praises FOCAC’s Impact On Sino-African Ties

Egypt’s Prime Minister Mostafa Madbouly has highlighted the pivotal role of the Forum on China-Africa Cooperation (FOCAC) in strengthening Sino-African relations.

In an interview with Xinhua News Agency, Madbouly emphasized the forum’s ability to dri…

Basra crude prices rise despite global oil price decline

Basra heavy and medium crude prices rose on Wednesday, despite the decline in oil prices in global markets.

Basra heavy crude prices rose 89 cents to $72.39, and Basra medium crude prices rose 89 cents to $75.39.

Oil prices fell, amid expectations t…

Badawi Welcomes TotalEnergies’ Expansion Plans in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with officials from the French energy giant TotalEnergies.

The TotalEnergies delegation included Thomas Strauss, Managing Director at TotalEnergies Marketing Egypt; and Pasca…

Badawi Welcomes TotalEnergies’ Expansion Plans in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with officials from the French energy giant TotalEnergies.

The TotalEnergies delegation included Thomas Strauss, Managing Director at TotalEnergies Marketing Egypt; and Pasca…