Unemployment drops to 6.7% in Q1 2024: CAPMAS
The unemployment rate has seen a decline to 6.7% in the first quarter of 2024, down from 6.9% in the last quarter of 2023, as per the Central Agency for…
Orascom Development Egypt reports 41.4% revenue increase in Q1 2024
Orascom Development Egypt (ODE) has commenced the year with strong financial results, reporting a revenue of EGP 4.2bn in the first quarter (Q1) of 2024, marking a year-over-year (y-o-y) increase…
MSMEDA chief, Senegalese Microfinance Minister discuss promotion of micro-projects in both countries
Bassel Rahmi, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), recently held discussions with Alyoune Dion, Senegal’s Minister of Microfinance, Social Economy, and Solidarity. The talks focused…
Egypt considers unified Energy Ministry amid renewable energy push
Egypt is exploring the merger of its Petroleum and Electricity and Renewable Energy ministries into a single entity, Mohamed Fouad, Secretary General of the Egyptian Gas Association revealed on Wednesday.…
India and Iran to Ink 10-Year Chabahar Port Management Deal
India and Iran are set to sign a 10-year agreement for India to manage the Chabahar port, marking a significant development in bilateral cooperation with potential geopolitical implications for the region. The Chabahar…
UAE Billiards Federation Selects Top Three Players for International Championships
The UAE Billiards Federation concluded its ranking tournament on Sunday, selecting the top three players for the national team. Mahmood Sharif secured first place, followed by Talal Al Balushi and Abdullah Juma.…
Iran to Strengthen Ties with India in BRICS and SCO
Iranian Foreign Minister Hossein Amir-Abdollahian announced plans to deepen relations with India within the BRICS and Shanghai Cooperation Organisation (SCO) frameworks. The announcement was made during a meeting with the Indian…
Saudi Arabia, International Humanitarian Law Committee Sign Cooperation Agreement
The Saudi Ministry of Foreign Affairs and the Standing Committee of International Humanitarian Law signed a memorandum of understanding (MoU) to strengthen cooperation in the field of international humanitarian law, Arab News,…
South Africa’s Economy Sees 2.4% Average Growth between 1994 and 2022
South Africa maintained its position as one of Africa's largest and most industrialised economies between 1994 and 2022, achieving an average GDP growth rate of 2.4%, according to a new…
Bolivia Eyes China Partnership for Lithium Industry Development
Bolivia is exploring strategic cooperation with China to develop its lithium industry, leveraging China's expertise and technology in lithium industrialisation, according to officials from the Bolivian Ministry of Hydrocarbons and…