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Malaysia-BRICS trade reached RM818bil last year, says ministry

Malaysia-BRICS trade reached RM818bil last year, says ministry

The investment, trade and industry ministry said trade with BRICS member countries last year represented 35.2% of the country’s total global trade. KUALA LUMPUR: Malaysia’s total trade with BRICS member countries reached RM818 billion in 2024,...

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...

African Women in Business unveils Assoc

African Women in Business unveils Assoc

The network facilitated by the International Trade Centre (ITC) in partnership with the African Union Commission, brings together over 102 women business associations from six regions across Africa The Continental Network for Women's Business...

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...

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...

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...

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: 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...

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: 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...

Egypt: FRA grants licences to four companies in non-banking finance, investment fund sectors

Egypt: FRA grants licences to four companies in non-banking finance, investment fund sectors

Egypt - The Committee for the Establishment and Licensing of Companies, under the supervision of the Financial Regulatory Authority (FRA), has granted licences to four companies to expand their operations in Egypt’s non-banking finance and...

From Stage to Screen: Why So Many Singers Are Turning to Acting

From Stage to Screen: Why So Many Singers Are Turning to Acting

More and more singers are appearing in films and TV series, and not only in cameos. Whether it is Egypt’s Tamer Hosny leading major box office hits, or global stars like The Weeknd and Harry Styles taking on full dramatic roles, the mic-to-movie...

Gold Prices Rise Amid Global Pressures and Shifting Egyptian Consumer Behavior

Gold Prices Rise Amid Global Pressures and Shifting Egyptian Consumer Behavior

Gold prices rose in both local and international markets during Thursday’s trading, driven by a weakening U.S. dollar, falling U.S. Treasury yields, and market anticipation ahead of key inflation data expected later today. Saeed Embabi, Executive...

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...

Foreign-funded business entities exceed 10,000 in east China trade hub

HANGZHOU, July 31 (Xinhua) -- Pakistani businessman Ali Kamran on Thursday received the business license for his company set up in Yiwu, a bustling trade center in east China's Zhejiang Province, with his firm becoming the 10,000th foreign-funded...

Egypt's Sczone Reports $8.6Bn In New Contracts Since Mid-2022 - Dailynewsegypt

Egypt's Sczone Reports $8.6Bn In New Contracts Since Mid-2022 - Dailynewsegypt

(MENAFN- Daily News Egypt) 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...

President Lương Cường to pay State visits to Egypt, Angola

President Lương Cường to pay State visits to Egypt, Angola

HÀ NỘI — At the invitation of Egyptian President Abdel Fattah Al Sisi and his spouse, and Angolan President João Manuel Gonçalves Lourenço and his spouse, Vietnamese State Preident Lương Cường and his spouse, along with a high-level Vietnamese...

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