Business & Finance

SCA issues new navigation circular to encourage tourist yachts

Suez Canal Authority (SCA) issued a new navigation circular to encourage tourist yachts to transit the Suez Canal and attract them to boost tourism in the Red Sea.

In a press release on Saturday 12/10/2024, SCA said it has made several decisions with…

Egypt seeks to be regional investment, export hub

Minister of Finance Ahmed Kouchouk said that Egypt seeks to be a regional hub for investments, exports, and production of clean energy sources, particularly green hydrogen.

This came during his first participation in the 2nd meeting of BRICS ministe…

Environment min. holds meeting with UN deputy secretary general

Environment Minister Yasmine Fouad held a meeting with UN Deputy Secretary-General Amina Mohammed to reach a consensus toward a new goal for climate finance.

During the meeting, Fouad discussed the points of disagreement and agreement on the new goa…

Production concerns drive oil prices up to $77.78 per barrel

Oil prices rose more than one percent on Thursday, supported by higher fuel demand as a major storm swept through Florida and concerns about possible disruptions to Middle East supplies.

By 13:30 GMT, Brent crude futures rose $1.2, or 1.6 percent, to…

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