Category: BUSINESS

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…

Bahrain All Share Index marks 2,012.77 points

Manama, Bahrain All Share Index has closed at 2,012.77 points marking a decrease of 0.92 points below the previous closing.

This decrease was due to the drop in the consumer discretionary sector, financial sector and real estate sector.

Bahrain Isl…

LMRA conducted 2,179 inspection campaigns

Manama, The Labour Market Regulatory Authority (LMRA) announced the implementation of 2,179 inspection campaigns and visits, during the period of 22 – 28 September 2024, which resulted in the detention of 40 violating and irregular workers, while 151…

Morocco’s Economic Growth Reaches 2.4% in Q2-2024

Rabat – The national accounts for the second quarter of 2024 show a slowdown in the growth of the national economy to 2.4%, compared with 2.5% in the same quarter of 2023, according to the High Commission for Planning (HCP).

Driven by domestic demand…

Casablanca Stock Exchange Maintains Momentum, Opens in Green

Stock Exchange (Casablanca) – The Casablanca Stock Exchange started trading on the green on Monday with its benchmark index, the MASI, rising by 0.3% to 14,492.87 points.

On Friday, the MASI had closed with a 0.55% gain.

Source: Agence Marocaine De…

John Cockerill joins $900m green ammonia project in Egypt

John Cockerill, a global company, is set to enter into a partnership with Scatec and other companies to implement a green ammonia production plant in Damietta, Egypt, with an investment exceeding $900 million.

During a meeting with Egypt’s Petroleum …