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Business - Energy
3/10/2023 3:34:43 PM
Total pay for BP's CEO more than doubled to $12 million last year, the energy giant said Friday, as soaring energy costs allowed oil and gas companies to rake in record profits while squeezing households and small businesses.

World - Region
3/9/2023 9:06:42 PM
The United States placed five Chinese companies on its sanctions blacklist Thursday for supplying components to Iran drone builders.

Business - Economy
3/9/2023 3:20:16 PM
Egypt has adopted an investment plan to establish projects with local and foreign pharmaceutical companies to localise the industry's technologies, Minister of Public Business Sector Mahmoud Esmat said on Wednesday.

Business - Economy
3/8/2023 1:40:00 PM
The Central Bank of Egypt (CBE) announced on Tuesday the terms of the national EGP 150 billion initiative to provide loans to industrial and agricultural private sector companies.

Al-Ahram Weekly - World
3/7/2023 9:07:57 PM
Russian private military companies are now operating in dozens of countries around the world, often in areas of political instability and with abundant natural resources, writes Mohamed Hafez

World - International
3/4/2023 10:35:33 PM
The Biden administration is close to tightening rules on some overseas investments by U.S. companies in an effort to limit China's ability to acquire technologies that could improve its military prowess, according to a U.S. official familiar with the deliberations.

Business - Energy
3/1/2023 10:21:41 PM
Egypt is set to announce a package of incentives for companies willing to invest in green hydrogen production projects in the country, according to a cabinet statement released on Wednesday.

Business - Economy
2/21/2023 2:15:42 PM
A host of Egyptian private companies have signed seven memorandums of understanding (MoU) with the Uzbek government to form investment partnerships in the sectors of pharmaceuticals, spinning and weaving, energy, electricity and health care.

Egypt - Society
2/20/2023 10:57:36 PM
Rice companies began to restock their production from fine-packed Egyptian local rice on major retailers’ shelves in the past two days following the government's decision to suspend its rice price cap weeks before Ramadan.

Sports - World
2/20/2023 11:28:17 AM
Tottenham Hotspur called for social media companies and authorities to "take action" after online racist abuse was directed at Son Heung-min following his goal against West Ham on Sunday.

Business - Economy
2/16/2023 8:05:52 PM
Egyptian Prime Minister Mostafa Madbouly met on Thursday with a delegation of 14 representatives of Turkish companies either operating in Egypt or planning to start new investments in the country, in the first such meeting in a decade amid recent thawing in relations between Cairo and Ankara.

Al-Ahram Weekly - Egypt
2/16/2023 4:34:00 PM
The government is selling stakes in 32 state-owned companies.

Business - Economy
2/8/2023 10:35:24 PM
Egypt’s Cabinet released on Wednesday a list of 32 state companies which it intends to sell stakes from over the next year.

Business - Economy
2/8/2023 6:54:02 PM
Egypt’s Prime Minister Mostafa Madbouly announced on Wednesday that 32 Egyptian state companies will be listed on the Egyptian Exchange (EGX) and also sold for strategic investors within a year.

Business - Markets & Companies
2/7/2023 10:38:55 AM
British energy company BP reported record annual earnings on Tuesday amid growing calls for the U.K. government to boost taxes on companies profiting from the high price of oil and natural gas after Russia's invasion of Ukraine.

Business - Economy
2/1/2023 6:40:00 PM
Egypt will announce next week a detailed plan to offer stakes of “at least 20 [state] companies and likely more than that” over the course of 2023, Prime Minister Mostafa Madbouly said in a press conference after a Cabinet meeting on Wednesday.

Business - Markets & Companies
1/30/2023 11:19:50 AM
French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.

Business - Economy
1/28/2023 4:44:39 PM
Egypt's cabinet is set to announce the country's plans for offering state-owned companies on the Egyptian exchange (EGX) during 2023, Prime Minister Madbouly said on Saturday.

Egypt - Foreign Affairs
1/27/2023 4:12:20 PM
Leading Indian companies, including ReNew Power and the Adani Group, have expressed to President Abdel-Fattah El-Sisi "huge interest" in investing in Egypt’s renewable energy sector, the production of green hydrogen and infrastructure development.

Egypt - Foreign Affairs
1/25/2023 8:44:48 PM
Egyptian President Abdel-Fattah El-Sisi emphasised on Wednesday Egypt's keenness to further develop economic and trade cooperation with Indian companies and boost joint investments to contribute to supporting the economic development process in Egypt.

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