Category: BUSINESS

The Egyptian Cabinet has greenlit a proposal to establish a private free zone named Kingdom for Flax, with an estimated investment of $60 million.

This project, situated in the Developers Zone of Sadat City in the Monufia Governorate, will focus on f…

The cabinet voiced deep concerns about the ongoing developments in Lebanon.

It asserted Egypt’s full solidarity with the Lebanese government and people, pledging to exert all needed efforts to maintain stability, unity of lands and sovereignty of Leb…

Egypt is a magnet for many investment opportunities that are up for grabs by French businesspeople, said chairman of the Suez Canal Economic Zone (SCZONE) Walid Gamaleddin on Wednesday 2/10/2024.

Addressing a session on ‘Doing Business in Egypt: Chal…

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…

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…

The total revenues of the 2024-2025 state budget has increased by 87 billion pounds during July and August, reaching 294 billion pounds.

This is a 42% rise on the same period of the fiscal year 2023-2024, during which revenues totaled 206.8 billion p…

Egypt’s Minister of Foreign Affairs Badr Abdelatty praised the Egyptian-German relations at various political and economic levels, which was reflected in a visit by German President Frank-Walter Steinmeier to Egypt in September.

This came during a me…

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…

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…

Manama, The Central Bank of Bahrain (CBB) has granted Tamara Bahrain the first Buy Now Pay Later (BNPL) license to operate in the Kingdom.

Tamara is a payment platform headquartered in Saudi Arabia with operations in the United Arab Emirates and Kuw…

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 …

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 …