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European Commission approves €1 billion for Egypt
2024/12/20

European Commission approves €1 billion for Egypt

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, announced today, Friday, the European Commission’s approval to disburse financing to Egypt worth one...

BMW asserts ability to meet climate goals for new models
2024/12/10

BMW asserts ability to meet climate goals for new models

The CEO of BMW, Oliver Zipse, has expressed confidence that the company will achieve the European Union's 2025 climate targets for new car emissions. In...

El Wazir discusses high-speed rail management with Italy
2024/12/03

El Wazir discusses high-speed rail management with Italy

At the outset of his visit to Italy, Engineer Kamel El Wazir, Minister of Industry and Transport, held high-level meetings with leaders of prominent global...

Egypt and Germany partner to export green hydrogen to Europe
2024/11/12

Egypt and Germany partner to export green hydrogen to Europe

Engineer Mohamed Shimy, Minister of Public Business Sector, met with a delegation from German companies and the German-Arab Chamber of Industry and Commerce to explore...

Diesel demand dumps, inventories rise
2024/11/09

Diesel demand dumps, inventories rise

A rare occurrence for a fuel that powers large swaths of the global economy, global demand for diesel is expected to decline this year.

European gas prices surge on oil rally, weakening winds
2024/11/05

European gas prices surge on oil rally, weakening winds

European natural gas prices surged on Monday, driven by a combination of factors including rising oil prices, subdued weather conditions, and concerns over potential supply...

Egypt to tap into green finance for new projects
2024/10/27

Egypt to tap into green finance for new projects

Egypt and other African and Asian nations are set to receive substantial funding for green projects, as part of global efforts to combat climate change....

Europe braces for diesel flood as imports surge
2024/10/09

Europe braces for diesel flood as imports surge

Europe is gearing up for a significant influx of diesel imports this month, as shipments from both the United States and Saudi Arabia converge. The...