Tuesday 26 Nov

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Shell targets higher gas production in Egypt this year
2024/11/25

Shell targets higher gas production in Egypt this year

Shell Egypt is set to boost its natural gas production in Egypt by 170 million cubic feet per day by the end of December 2023,...

Remittances from Egyptians abroad soared 107.7%
2024/11/25

Remittances from Egyptians abroad soared 107.7%

In a positive economic indicator, remittances from Egyptians working abroad surged by a significant 107.7% in September, reaching $2.7 billion.

Polish Henfra to invest 1.6 billion dollars in green ammonia project
2024/11/25

Polish Henfra to invest 1.6 billion dollars in green ammonia project

Hussam Heiba, CEO of the General Authority for Investment and Free Zones, met with Tomoho Omida, Founder and CEO of Polish company Henfra, and Hussein...

Nissan Egypt exports 16,000 cars
2024/11/25

Nissan Egypt exports 16,000 cars

Nissan Egypt's Managing Director, Engineer Mohamed Abdel Samad, announced the company's significant achievement of exporting over 16,000 locally produced vehicles.

Government issues 40 billion pound securitization bonds
2024/11/25

Government issues 40 billion pound securitization bonds

The New Urban Communities Authority has issued securitization bonds worth over 40 billion Egyptian pounds, according to Dr. Mohamed Farid, Chairman of the Financial Regulatory...

Sisi orders supply boost for industry, production
2024/11/25

Sisi orders supply boost for industry, production

President Abdel Fattah El-Sisi met, Monday, with Dr. Moustafa Madbouly, Prime Minister, and Hassan Abdullah, Governor of the Central Bank. During the meeting, they reviewed...

Hyundai recalls over 145,000 electric vehicles
2024/11/24

Hyundai recalls over 145,000 electric vehicles

Hyundai has issued a recall for approximately 145,235 electric vehicles in the United States due to a potential loss of propulsion. The National Highway Traffic...

Saudi oil export revenues decline for fourth consecutive month
2024/11/24

Saudi oil export revenues decline for fourth consecutive month

Saudi Arabia's oil export revenues fell for the fourth consecutive month in September 2024, year-over-year. This decline is attributed to reduced export volumes due to...