Business & Finance

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…

PM attends official dinner banquet on fringe of FOCAC

Egypt’s Prime Minister Moustafa Madbouli attended on Wednesday an official dinner banquet in the presence of Chinese President Xi Jinping and his wife on the fringe of the Forum on China-Africa Cooperation (FOCAC).

FOCAC focuses on enhancing African-…

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 1,948.22 points

Manama, Bahrain All Share Index has closed at 1,948.22 points marking a decrease of 0.68 points below the previous closing.

This decrease was due to the drop in the financial sector.

Bahrain Islamic Index has closed at 810.29 points, marking an inc…

Infograph: IMF forecasts rise in Egypt gross international reserves

The International Monetary Fund (IMF) has projected a substantial increase in Egypt’s gross international reserves.

In its staff report for the third review under Egypt’s $8 billion loan programme, the IMF forecast a rise of 40.889 percent from $47.2…

Egypt’s chemical industry exports achive $4M durinh H1 of 2024

During the initial half of 2024, Egypt’s chemical industry exports achieved $4 million, constituting 20% of the nation’s total non-oil exports, as per a report from the Chemicals and Fertilizers Export Council.

Plastic exports for the same period tot…

Badawi Eyes Boosting Cooperation with Eni During Italy Visit

Minister of Petroleum and Mineral Resources Karim Badawi has held an extensive meeting with Eni CEO Claudio Descalzi during his visit to Italy to explore ways to expand collaboration with the Italian energy giant.

During the talks, Eni has affirmed t…

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