Gulf markets were mixed on Monday following Iran’s attack on Israel, raising concerns about a broader regional …
Tag:
middle east
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Africa NewsFeature
AFC raises $1.16b syndicated loan to close Africa infrastructure gap
by Aya Anwarby Aya AnwarAFC, the main provider of infrastructure solutions in Africa, has closed its largest-ever debt facility, a $1.16 …
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Oil prices saw an uptick in early Asian trading on Monday due to worries about a tightening …
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Egypt NewsNews
Telecom Egypt, EXA sign pact to boost data traffic – Cabinet statement
by Aya Anwarby Aya AnwarTelecom Egypt and EXA Infrastructure signed an agreement to consolidate international data traffic vi “WeConnect”, as per …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Oman plans IPO for state-owned logistics company
by Aya Anwarby Aya AnwarThe Oman Investment Authority (OIA) is in the process of planning an initial public offering (IPO) for …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Singapore witnesses 8% increase in middle distillates stockpiles
by Aya Anwarby Aya AnwarSingapore witnessed an 8 per cent increase in middle distillates stockpiles, reaching a high not seen since …
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FeatureIndustry & TradeMENA NewsNewsTech/AI
Middle East to become sole region boasting $3tn funds
by Aya Anwarby Aya AnwarThe Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting …
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Mercedes-Benz predicted a drop in sales returns for its cars and vans division in 2024, according to …
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Egypt NewsFeatureIndustry & TradeNews
Egypt’s MOPCO net profit hits EGP 5.9 bln in ’23
by Nada Aliby Nada AliEgypt’s Misr Fertilizers Production Company (MOPCO) achieved a net profit of 5.97 billion Egyptian pounds in 2023, …
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BanksFeatureFinancial InstitutionsInternational NewsMENA NewsNews
IMF: Red Sea shipping activity down 50% due to Gaza war
by Nada Aliby Nada AliShipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the …