Friday 22 Nov

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TMG's Banan Project surpasses sales targets
2024/11/10

TMG's Banan Project surpasses sales targets

Talaat Moustafa Group (TMG) announced a significant milestone for its Banan project, achieving record sales of 53 billion Egyptian pounds by November 6th, surpassing its...

Egypt, UAE collaborate on AI-powered oil reservoir management
2024/11/09

Egypt, UAE collaborate on AI-powered oil reservoir management

Ministry of Petroleum and Mineral Resources and Dragon Oil, a leading UAE-based oil and gas company, have signed a Memorandum of Understanding (MoU) to collaborate...

Supreme Court rules fixed rents unconstitutional
2024/11/09

Supreme Court rules fixed rents unconstitutional

The Supreme Constitutional Court of Egypt, in its session presided over by Counselor Boulous Fahmy Iskandar, issued a ruling today, Saturday, declaring a key provision...

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...