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Trump says India, Russia ‘can take their dead economies down together’

Trump says India, Russia ‘can take their dead economies down together’

United States President Donald Trump said on Thursday that he does not care about “what India does with Russia” and that the “they can take their dead economies down together, for all I care”. “We have done very little business with India, their...

Nigeria’s economy to outpace UK, others in 2025 — IMF

Nigeria’s economy to outpace UK, others in 2025 — IMF

The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow faster than that of the United Kingdom and several advanced economies in 2025, following an upward revision of the country’s GDP growth forecast from 3.0 to 3.4...

Egypt: Badawi discusses boosting oil, gas cooperation with Energean

Egypt: Badawi discusses boosting oil, gas cooperation with Energean

Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi explored ways to enhance cooperation in the oil and gas sector with Greek company Energean, according to a statement. In his meeting with Mathios Rigas, CEO of Energean, Badawi...

Ukraine aims to increase grain and sunflower oil supplies to Egypt

Ukraine aims to increase grain and sunflower oil supplies to Egypt

Ukraine and Egypt are working to boost shipments of Ukrainian agricultural products, specifically grain and sunflower oil, to the Egyptian market. These issues were the main topic of a meeting between Ukraine’s ambassador to Egypt, Mykola...

Egypt rescues container ship after engine room fire

CAIRO, July 30 (Xinhua) -- Egyptian teams helped extinguish a fire on a container ship operated by Swiss-headquartered Mediterranean Shipping Company late Tuesday, with no casualties reported, the Ministry of Petroleum and Mineral Resources said...

Egypt: Tanmeyah develops El Zaharaa Square in Maadi as part of ESG strategy

Egypt: Tanmeyah develops El Zaharaa Square in Maadi as part of ESG strategy

Arab Finance: Tanmeyah, a subsidiary of EFG Holding, has developed El Zaharaa Square in Maadi as part of its environmental, social, and governance (ESG) strategy focused on environmental sustainability and community development, as per an emailed...

Egypt: Orascom Construction to transfer primary listing to ADX

Egypt: Orascom Construction to transfer primary listing to ADX

Arab Finance: Orascom Construction PLC’s board has approved transferring the company’s primary share listing to the Abu Dhabi Securities Exchange (ADX), while retaining its secondary listing on the Egyptian Exchange (EGX). The decision, made...

Egyptian agricultural exports surpass 6.240mln tons in mid-July: Farouk

Egyptian agricultural exports surpass 6.240mln tons in mid-July: Farouk

Arab Finance: The total volume of Egyptian agricultural exports increased during mid-July 2025, exceeding 6.240 million tons, Minister of Agriculture and Land Reclamation Alaa Farouk announced. The recorded load is higher by 575,000 tons when...

Egypt: FRA licenses 4 companies to perform non-banking financial business, investment fund activities

Egypt: FRA licenses 4 companies to perform non-banking financial business, investment fund activities

Arab Finance: The Financial Regulatory Authority (FRA) licensed four companies to operate within non-banking financial business and investment fund activities, according to a statement. The FRA passed the licensing of Al Ahli Kuwait-Egypt Leasing...

Egypt: SCZone explores investment opportunities in ports, industrial zones with Singapore

Egypt: SCZone explores investment opportunities in ports, industrial zones with Singapore

Arab Finance: Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZone), and Dominic Goh, Singapore's Ambassador to Egypt, explored investment opportunities in industrial and logistics zones or seaports...

Egypt: Zilla Capital advises Triquera in Admaius Capital's investment to back Minapharm's global expansion

Egypt: Zilla Capital advises Triquera in Admaius Capital's investment to back Minapharm's global expansion

Arab Finance: Zilla Capital has advised Triquera B.V., the majority shareholder of Minapharm Pharmaceuticals and Chemical Industries, in Admaius Capital Partners minority stake investment to support Minapharm’s regional and global biotech...

Egyptian Crews Extinguish Blaze on MSC Container Vessel

Egyptian Crews Extinguish Blaze on MSC Container Vessel

(MENAFN) Egyptian teams played a crucial role in extinguishing a blaze that broke out late Tuesday aboard a container vessel managed by the Swiss-based Mediterranean Shipping Company, the Ministry of Petroleum and Mineral Resources confirmed on...

Egypt: EGX closes Tuesday’s session with positive note

Egypt: EGX closes Tuesday’s session with positive note

Arab Finance: The Egyptian Exchange (EGX) ended Tuesday’s trading session on a positive note after the EGX30 index rose by 0.03% to 34,085.74 points. The Sharia-compliant index, EGX33 Shariah, went up by 0.76% to 3,480.44 points. Both the EGX70...

Egypt: Agiba Petroleum unlocks 4,100 BOE/day output from Arcadia-28

Egypt: Agiba Petroleum unlocks 4,100 BOE/day output from Arcadia-28

Arab Finance: Agiba Petroleum Company successfully commissioned the Arcadia-28 well, resulting in a daily production rate of approximately 4,100 barrels of oil equivalent (BOE), according to a statement. This was achieved after a precise acid...

Egypt’s SCZone reports $8.6bln in new contracts since mid-2022

Egypt’s SCZone reports $8.6bln in new contracts since mid-2022

Egypt’s Suez Canal Economic Zone (SCZone) has secured contracts worth $8.6bn for 297 industrial, service, logistics, and port projects since the start of the 2022/2023 fiscal year, its chairman said on Monday. In a meeting with Prime Minister...

Egypt: El-Sisi approves $1.7bln in additional appropriation for FY2024/25 budget

Egypt: El-Sisi approves $1.7bln in additional appropriation for FY2024/25 budget

Arab Finance: President Abdel Fattah El-Sisi issued Law No. 158 of 2025, approving an additional appropriation of EGP 85 billion in the state budget for the fiscal year (FY) 2024/2025, as highlighted by the official Gazette. In this regard, the...

WSO2 Strengthens Support for Digitalisation of Government, Finance, and Aviation Sectors in Middle East with Three New Partner Onboardings

WSO2 Strengthens Support for Digitalisation of Government, Finance, and Aviation Sectors in Middle East with Three New Partner Onboardings

(MENAFN- Procre8) Dubai, United Arab Emirates, July 2025 – On the sidelines of its exclusive WSO2Con Asia event for key customers in the Middle East, including a major sovereign wealth fund, a leading financial institution in the GCC and public...

Continental women’s network aims to boost trade

Continental women’s network aims to boost trade

A game-changing initiative in African trade was officially unveiled at the inaugural Global SME Ministerial Meeting held in Johannesburg last week. The Continental Network for Women’s Business Associations in Africa, (CONWOBAA) aimed at promoting...

Trump gives trade threat to Canada after Palestine move

Trump gives trade threat to Canada after Palestine move

Skip next section German Foreign Minister leads delegation to Israel 07/31/2025July 31, 2025German Foreign Minister leads delegation to Israel A German delegation, led by Foreign Minister Johann Wadephul is headed to Israel and the occupied West...

Egypt Rejects Quartet’s Efforts Regarding Sudan

Egypt Rejects Quartet’s Efforts Regarding Sudan

By: Nihad Mustafa In a development that reflects the depth of the Sudanese crisis, a planned summit between the United States, Egypt, Saudi Arabia, and the UAE, which was set to take place at the end of the month, has been canceled. The summit was...

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