Thursday 14 Nov

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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.

Weak China demand weighs on oil prices
2024/11/09

Weak China demand weighs on oil prices

Oil prices dipped this week as investors grappled with uncertainty following the U.S. presidential election. While China's recent stimulus measures failed to significantly boost market...

Fiat Tipo Sedan manual priced at EGP 724,500
2024/11/09

Fiat Tipo Sedan manual priced at EGP 724,500

Dynamics Company, the official distributor of Fiat in Egypt, has reintroduced the popular Tipo sedan in a manual transmission variant. Priced at 724,500 Egyptian pounds,...

Tourism Minister seeks to increase UK tourists
2024/11/09

Tourism Minister seeks to increase UK tourists

Minister of Tourism and Antiquities, Sherif Fathy, met with key airline executives in London to discuss strategies for increasing tourist arrivals from the UK market.

Talaat Moustafa stock surges, leading Egyptian market higher
2024/11/07

Talaat Moustafa stock surges, leading Egyptian market higher

Shares of Talaat Moustafa Group Holding recorded an increase in trading on the Egyptian stock exchange this Thursday morning, ranking among the leading stocks during...

TMG's Benan Project generates EGP 53 billion in sales
2024/11/07

TMG's Benan Project generates EGP 53 billion in sales

Talaat Moustafa Holding Group has announced record-breaking sales of 470 billion Egyptian pounds (US$9.4 billion) through November 6th. This is compared to approximately 108 billion...

TMG surpasses $9.4B in sales by November 6th
2024/11/07

TMG surpasses $9.4B in sales by November 6th

Talaat Moustafa Holding Group has achieved record-breaking sales of EGP 470 billion (USD 9.4 billion) by November 6th. This significant milestone is driven by the...

Egypt, Halliburton in talks to expand energy investments
2024/11/07

Egypt, Halliburton in talks to expand energy investments

Engineer Karim Badawy, Minister of Petroleum and Mineral Resources, met with Jeff Miller, CEO of Halliburton, and Engineer Salah Abdel Karim, CEO of the Egyptian...