Mastercard and Suez Canal Bank have awarded one lucky winner an all-expenses-paid trip for two to the 82nd Venice International Film Festival, marking the grand prize in their recent Spend & Win Campaign aimed at high-spending cardholders.
The (...)
Suez Canal Bank, in partnership with Mastercard, has successfully concluded its "Spend & Win" campaign, awarding one lucky winner and a guest an exclusive, all-expenses-paid trip to the 82nd Venice International Film Festival — one of the world's (...)
Oil prices rose over $1 a barrel on Monday after OPEC+ confirmed a planned output increase of 411,000 barrels per day (bpd) in July, in line with previous months, easing market fears of a sharper hike. Brent crude climbed 2.13 per cent to $64.12 a (...)
Egypt's National Organisation for Social Insurance (NOSI) secured the Excellence Award in Pension and Social Security Fund Management at the Sharjah Award in Public Finance, according to a Cabinet statement Wednesday.
NOSI Chair Gamal Awad said the (...)
Talaat Moustafa Group Holding (TMG) has signed a Memorandum of Understanding (MoU) to develop a large-scale, 14m sqm mixed-use project in Iraq, a move that will increase its land bank in regional markets to 29 million sqm.
The Egyptian property (...)
Egypt's Minister of Water Resources and Irrigation, Hani Sewilam, called for enhanced regional cooperation and responsible management of shared water resources during his keynote address at the 5th Baghdad International Water Conference on Saturday. (...)
Egypt called for deeper regional integration and economic cooperation among Arab nations during a high-level summit in Baghdad, warning that geopolitical tensions and global economic instability are testing the resilience of the region's (...)
Talaat Moustafa Group (TMG) is exploring new expansion opportunities on Egypt's North Coast, in the Gulf region, and across North Africa, the company has indicated, following a period of strong sales growth.
The Egyptian property developer reported (...)
Trade volume between Egypt and Iraq recorded $1.1 billion in 2024, up from $872 million a year earlier, according to recent figures published by Egypt's state statistics agency, CAPMAS.
Egyptian exports to Iraq also grew 18.3 per cent to $816 (...)
Egypt's Foreign Minister Badr Abdel-Atty reaffirmed Cairo's support for Yemen's unity and territorial integrity during a meeting with his Yemeni counterpart Shaya Mohsin Zindani on Thursday.
The meeting took place on the sidelines of the Arab (...)
Chinese company, Xinxing signed on Wednesday $47 million worth of four new export contracts from its newly operational plant in Egypt's Suez Canal Economic Zone (SCZONE), marking a key milestone in the country's industrial localisation drive.
The (...)
Egypt exported 251,000 tons of food products in the week ending May 9, with potatoes and citrus fruits topping the list of outbound shipments, according to the latest National Food Safety Authority's weekly report issued on Sunday.
The number of (...)
وجه رجل الأعمال، المهندس نجيب ساويرس، رسالة للفنان أحمد سعد، بشأن مشاركته في حفل افتتاح مشروع مدينة الورد في بغداد، والذي تنفذه شركة ORA في جنوب شرق العاصمة العراقية بغداد.
رسالة ساويرس لأحمد سعد بعد حفل مدينة الورد
ورد رجل الأعمال نجيب ساويرس على (...)
Oil prices dropped more than $2 a barrel in early Asian trading on Monday as OPEC+ moved to quicken the pace of its production increases, fuelling concerns over a potential supply glut.
Brent crude futures fell 3.33 per cent to $59.25, while US West (...)
Iraq's Deputy Prime Minister and Foreign Minister Fouad Hussein met with Egyptian Foreign Minister Badr Abdelatty and President Abdel Fattah Al-Sisi in Cairo on Sunday, to discuss bilateral cooperation, regional security, and upcoming Arab (...)
OPEC+ agreed to raise oil production by 411,000 barrels per day in June, marking a second consecutive monthly increase despite falling prices and weakening demand forecasts. The decision followed a brief online meeting on Saturday, during which the (...)
Egypt's Talaat Moustafa Group Holding (TMG) estimates a potential large-scale, mixed-use project in Iraq could generate total sales of around $17bn and annual recurring income exceeding $1.5bn upon completion, the company confirmed as it pursues (...)
Oil prices extended gains on Thursday as tighter supply prospects emerged following new US sanctions targeting Iranian oil exports and additional output cuts from some OPEC members. Brent crude rose 56 cents to $66.41 a barrel, while US West Texas (...)
Egypt's Minister of Industry and Transport Kamel El Wazir met with Saudi Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser to discuss strengthening bilateral cooperation, as per a Cabinet statement.
El Wazir outlined Egypt's (...)
The Organisation of the Petroleum Exporting Countries (OPEC+) has received revised oil output compensation plans from eight member countries that surpassed their voluntary production quotas under the OPEC+ agreement, the group announced on (...)
Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Saudi Minister of Transport and Logistic Services, Saleh Al-Jasser, during an official visit to the Kingdom, to advance (...)
OPEC+ members Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to market stability and an improved oil market outlook during a virtual meeting on 3 April 2025.
The group confirmed its decision to (...)
Egypt's Middle East Oil Refining Company (MIDOR) significantly increased its production in 2024, refining over 46 million barrels compared to 29 million barrels in 2023, according to Chairman Amr Lotfy's statements during the company's General (...)
Mohamed El-Shimy, Minister of Public Enterprises, and Ali El-Ghamrawy, Chairperson of the Egyptian Drug Authority (EDA), conducted an extensive field visit to subsidiaries of the Holding Company for Pharmaceuticals, Chemicals, and Medical Supplies. (...)
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, underscored Petrojet's pivotal role in executing large-scale energy and infrastructure projects both in Egypt and internationally.
Speaking at the company's general assembly meeting, (...)
