Browsing: Business

The revenue from the Suez Canal for Egypt in July amounted to $704 million, according to the chairman of the Suez Canal Authority, Osama Rabea, on Tuesday. According to Rabea, the Canal has reached its highest transit rate of 2,103

Ayman Safadi, Jordan’s foreign minister, and UN Secretary-General Antonio Guterres affirmed Jordan’s partnership with the UN and their cooperation in tackling challenges. In their meeting, Safadi and Guterres discussed ways to maintain regional stability and support UNRWA and Syrian refugees.

Investment in power projects in the Middle East and North Africa (MENA) is expected to rise from 2021 to 2025 due to strong economic growth and a goal of net zero emissions by 2050. Regional and global power and utility

The Dubai International Financial Center (DIFC) announced that Lord Abbett (Middle East) Limited, a leading asset manager, was approved by Dubai Financial Services Authority (DFSA) for its first Middle East branch. The company’s investment and client-led proposition will now be

Indian Prime Minister Narendra Modi has stated that India, Israel, the UAE, and the USA are working together under the I2U2 framework. This is to increase investments in the fields of water, energy, environment, health, and space. With I2U2’s positive

During a two-day visit to Turkey from 13th-14th July, a UAE delegation led by Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, explored new opportunities for cooperation, primarily in energy, industry, and advanced technologies. Dr.

Due to the global rise in oil prices, Egypt’s Fuel Automatic Pricing Committee (FAPC) raised fuel prices on Wednesday by EGP0.5 to EGP1 per litre. Diesel prices for the electricity and food industries, however, remained unchanged. According to a statement

In just six years, India has become the third largest startup ecosystem in the world, according to Union Commerce and Industry Minister Piyush Goyal. Rather than controlling startups, the BJP government under Prime Minister Narendra Modi has acted as a

In Denmark’s capital Copenhagen, a 22-year-old man has been charged with murder in the deaths of three people at the Field’s Shopping Centre. Sunday’s attack killed two Danish citizens, both 17 years old, as well as a Russian citizen, 47

The Fourth of July saw global stocks mostly higher and U.S. futures fluctuating. There will be minimal activity in the markets today since American investors are on vacation. However, the Federal Reserve’s monetary policy strategy and the risks of recession