Liquified Natural Gas terminal of Russia’s largest LNG producer, Novatek, caught fire on Sunday, Bloomberg reported.
Sama Mousa
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
Flexible macroeconomic risk management helps Egypt contain shocks – Maait
by Sama Mousaby Sama MousaMoody’s, global rating agency, maintained Egypt’s sovereign credit rating at Caa1, Egypt’s finance minister Mohamed Maait said …
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FeatureTech newsTech/AI
Bosch to cut 1,200 jobs in software division by ’26
by Sama Mousaby Sama MousaBosch, the German automotive supplier, will cut 1,200 jobs in the software development division by the end …
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FeatureTech newsTech/AI
Meta’s AI-supported Ad campaigns boost returns by 32%
by Sama Mousaby Sama MousaAds on applications from Meta Platforms Inc. saw an increase in return on spending by an average …
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FeatureIndustry & TradeTech/AI
Richemont sales in China jump 25%, Europe slips
by Sama Mousaby Sama MousaRichemont, owner of Cartier jewellery, witnessed a hug increase in its sales in China by 25 per …
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FeatureIndustry & TradeTech/AI
Shell begins layoffs to boost performance
by Sama Mousaby Sama MousaShell Plc. has started laying off hundreds of employees with some in its low-carbon solutions unit among …
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FeatureIndustry & TradeTech/AI
Alshaya Group reduces operations in Egyptian market
by Sama Mousaby Sama MousaKuwait’s Alshaya Group will reduce its operations in Egypt amid the ongoing economic situation, the group said …
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War on Gaza to cost Israel 10% of GDP
by Sama Mousaby Sama MousaThe Israeli attacks on Palestinians in Gaza will cost around ten per cent of the Israeli Gross …
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FeatureIndustry & TradeInternational NewsMENA NewsNewsTech/AI
Bunker fuel prices soar amid Red Sea diversions
by Sama Mousaby Sama MousaBunker fuel prices soared in Africa and the Mediterranean amid increasing demand due to the diversions in …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt inaugurates 1st 100% Vietnamese factory
by Sama Mousaby Sama MousaEgypt inaugurated the first factory with 100 per cent Vietnamese investments, with investments worth $30 million in …