Egypt tops global sales of Shell Rimula diesel engine oils
Egypt achieved a remarkable increase in sales of Shell Rimula diesel engine oils, ranking first in the world. This reflects the continuous efforts of the Shell Lubricants Egypt team and…
Egypt’s trade exchange with 11 countries in East, South Asia reaches $34.5bn in 2022: CAPMAS
South Korea ranked first with $2bn exports: CAPMAS
Annual return of USD 60/40 stock-bond portfolio remains at 7%: JP Morgan Asset Management
The forecasted annual return for a USD 60/40 stock-bond portfolio over the next 10–15 years remains attractive at 7.0%, according to JP Morgan Asset Management’s 2024 Long-Term Capital Market Assumptions…
EFG Hermes advises on $748m offering of OQ Gas Networks, Oman’s largest IPO ever
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that it has successfully advised on the $748m initial public offering (IPO) of OQ Gas…
On UN Day, Guterres recommends flexibility to tackle global challenges
UN Secretary-General Antonio Guterres has urged flexibility to tackle global challenges, from the climate crisis to the dangers of artificial intelligence. He made this appeal in a letter sent on…
Egyptian-African Relations Committee discusses trade development
The Permanent Committee for Egyptian-African Relations met on Tuesday under the chairmanship of Hamdi Sanad Loza, the Deputy Minister of Foreign Affairs for African Affairs. The meeting was attended by…
Egyptian Unified Procurement Authority to supply $24m worth of pharmaceutical products to Zambia
Prime Minister Mostafa Madbouly Monday met with Bahaa El-Din Zidan, the Chairperson of the Egyptian Unified Procurement Authority (UPA), to review and follow up on some of the Authority’s projects.…
Al-Sisi directs to continue economic reforms, reduce commodity prices
President Abdel Fattah Al-Sisi has instructed to continue advancing the reforms related to fiscal and monetary policies and to enhance the role of the private sector in the development process.…
Israel continues to commit war crimes against Palestinians, UN chief urges two-state solution
The Israeli air force has been bombing civilians in Gaza for the 18th day in a row, killing at least 704 people and injuring more than 15,000, according to the…
CGC guarantees EGP 181.54bn for SMEs in 9M 2023
CGC plays vital role in supporting national economy during tough times, says Bahr