Friday 22 Nov

US

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...

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...

Hisham Talaat Moustafa: TMG partners with global leaders to leverage AI
2024/11/06

Hisham Talaat Moustafa: TMG partners with global leaders to leverage AI

20% of the sales of the SouthMED project are directed towards foreign markets, thanks to advanced marketing technology

Siraj, Honeywell invest $15M in Suez Canal Zone
2024/11/05

Siraj, Honeywell invest $15M in Suez Canal Zone

Prime Minister Dr. Moustafa Madbouly witnessed the signing of an agreement between Siraj Industrial Company and VESRA MEA LLC-FZ, a Honeywell licensee. This partnership will...

Dabaa nuclear plant receives fourth core trap
2024/11/05

Dabaa nuclear plant receives fourth core trap

Dr. Amgad El-Wakil, Chairman of the Nuclear Power Plants Authority, oversaw the arrival of a crucial component, the reactor vessel head, for the fourth nuclear...