Business & Finance

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…

PM monitors efforts to secure petroleum supplies for power plants

Prime Minister Mostafa Madbouly held a meeting on Monday 30/9/2024 to discuss efforts to ensure a consistent supply of petroleum products for power plants.

Attending the meeting were Minister of Electricity and Renewable Energy Mahmoud Essmat, Minist…

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 …

New measures to support Egypt’s industry, exports

Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, announced on Monday 30/9/2024 that centralised distribution of mazut to building materials factories shall start on October 1st.

The Ministerial Group for Industrial Devel…

Egypt affirms timely payments of oil foreign partners’ dues

The Egyptian programme for paying dues to foreign partners in petroleum sector is on track, with regular payments set to continue from October, Minister of Petroleum and Mineral Resources Karim Badawy affirmed on Monday 30/9/2024.

Badawy further high…

Fuel prices fall for the third month in a row

Ramallah – Ma’an – The General Petroleum Corporation in the Ministry of Finance announced on Monday evening the maximum prices for selling fuel and gas to consumers during the month of October in the governorates of the homeland.

Gasoline, diesel and…

$801 million current account deficit in the balance of payments

Ramallah – Ma’an – The latest surveys by the Central Bureau of Statistics, the results of which were released on Monday, showed that the trade deficit in the Palestinian balance of payments rose to $801 million in the second quarter of 2024.

The Cent…

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Temperatures to Ease Through Friday After Days of Intense Heat

Amman: Temperatures are forecast to decline gradually through the end of the week, returning to seasonal averages by Friday, while very hot conditions continue to affect the Jordan Valley, the Dead Sea, and Aqaba, according to the Jordan Meteorologica…