IFC invested $ 1.3bn in the Middle East and North Africa
The International Finance Corporation, a member of the World Bank Group, it provided more than $ 1.3 billion in the Middle East and North...
Oil rises amid volatility as Opec meets
Oil rallied on Monday as the world’s largest producers gathered in Algeria to discuss ways to support the market, with nervous trade driving volatility...
Tanzania: Local companies defend Tanesco
Three local companies have added their voice on Tanzania Electric Supply Company (Tanesco) move to seek annulment of International Centre for Settlement of Investment...
Significant upcoming expectations for the African economy
Experts are expecting an African economic boom
Significant upcoming expectations for the African economy
Africa’s average economic growth is 3.7% in 2016 and is expected to...
Africa: Global Investments meeting opens in Kigali today
At least 1,000 delegates, including heads of governments, representatives of multilateral organisations and members of the private sector, today convene in Kigali for the...
Nigeria Loses Africa’s ‘Biggest Economy’ Title
As oil rates plunge amid a tragic lack of security in the south, a massive humanitarian crisis in the north and a major power...
Egypt supports renewable energy projects in Uganda
Abdel Aziz Seif El-Deen, Lieutenant General of the Armed Forces and Chairman of Arab Organisation for Industrialisation, stressed on the significance of Egypt and...
African Economic Outlook 2016 Highlights Nigeria’s ‘Weak Links’
The theme of the 2016 African Economic Outlook (AEO) report is Sustainable Cities and Structural Transformation. The joint report by the African Development Bank...
Egypt’s economy drops to third place in Africa rankings
Bloomberg has rated the Egyptian economy third on the African continent, pushing it back from second place after just two months, basing its assessment...
The outcomes of El-Sisi’s participation in the closed session of Africa Summit 2016
President El-Sisi attended a closed session with prominent presidents and leaders of the African summit. Africa Summit held its official meetings last Sunday in...
Top selling businesses in the Dark Continent
Africa, the Dark Continent , with its rich resources, is still recording steady economic developments; reports indicate that several businesses, whether homegrown or multinational,...
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Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...
El Molla Witnesses Signing of Two Agreements for Brownfields in Gulf of Suez
Minister of Petroleum and Mineral Resources Eng. Tarek El Molla and ADES Drilling Company CEO Mohamed Farouk have witnessed the signing of...