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Business - Tech
7/20/2024 9:02:38 PM
Nigeria is fining Facebook and WhatsApp parent company Meta $220 million for "multiple and repeated" data violations.

Business - Energy
7/16/2024 3:08:05 PM
State-owned Egyptian Natural Gas Holding Company (EGAS) has announced the arrival of five liquefied natural gas (LNG) shipments at Sumed Port in Ain Sokhna, according to a statement by the Ministry of Petroleum and Mineral Resources.

Business - Economy
7/15/2024 8:47:26 PM
Ibrahim Embabi, Chairman of the Tobacco and Cigarettes Division of the Chamber of Food Industries in the Federation of Egyptian Industries (FEI), told Ahram Online that tobacco products are expected to see a rise next year due to the application of fees and value-added tax in line with the related laws.

Business - Markets & Companies
7/15/2024 4:11:52 PM
Benha Electronic Industries Company (Military Factory 144) has signed a cooperation agreement with French company Thales, according to a Ministry of Defence and Military Production statement on Monday.

Business - Markets & Companies
7/14/2024 10:01:42 PM
The Suez Canal Economic Zone (SCZONE) and Chinese company Zhejiang Hengsheng laid Sunday the cornerstone of the $70 million textiles and clothing factory in West Qantara Industrial City in Ismailia.

Business - Markets & Companies
7/14/2024 3:46:24 PM
Egypt’s largest tobacco producer, Eastern Company, has raised the price of its local cigarette products by EGP 22 piasters, effective last Friday, according to a disclosure the company submitted to the Egyptian Exchange (EGX) published on Sunday.

Business - Economy
7/10/2024 10:55:48 PM
BMI, a Fitch Solutions company, expected the Central Bank of Egypt (CBE) to keep its monetary tightening policy on hold, which means keeping the current key interest rates unchanged till the end of 2024 in response to the downturn path of the country’s inflation.

Business - Tech
7/8/2024 7:07:34 PM
Chip-making juggernaut Taiwan Semiconductor Manufacturing Co. (TSMC) briefly surpassed $1 trillion in market capitalization on Monday as the AI frenzy continues to power tech stocks.

Business - Energy
7/2/2024 7:22:36 PM
Five Egyptian companies announced plans to form a consortium with a capital of $663 million to import liquefied ethane gas (Shale gas), according to a disclosure from Sidi Kerir Petrochemicals Company (SIDPEC) to the Egyptian bourse revealed on Monday.

Business - Economy
7/1/2024 4:18:10 PM
The Alexandria Fertilizers Company (AlexFert) has halted operations at its three factories due to the interruption of the natural gas supply needed for electricity generation.

Business - Economy
7/1/2024 3:16:43 PM
The Saudi-listed ACWA Power Company has received the commercial operation certificate for Egypt’s Kom Ombo for Energy project, the company announced in a disclosure to the Saudi Stock Exchange “Tadawul.”

Business - Economy
6/26/2024 6:19:22 PM
State-owned Misr Fertilizers Production Company (MOPCO) said on Tuesday it has suspended operations at its three plants citing pressure on its gas network’s reserves.

Al-Ahram Weekly - Music and dance
6/25/2024 5:24:41 PM

Business - Economy
6/25/2024 3:47:59 PM
The state-owned Abu Qir Fertilizers Company has suspended for the second time in June the operations of its three plants due to natural gas supplies suspension, the company said in a disclosure sent to the Egyptian Stock Exchange on Tuesday.

Arts & Culture - Screens
6/21/2024 7:10:56 PM
Turki Al-Sheikh, Chairman of Saudi Arabia's General Entertainment Authority (GEA), revealed the details of a $50 million investment in collaboration with Egypt's United Media Services company.

Business - Energy
6/21/2024 5:18:43 PM
Niger has revoked the operating licence of French nuclear fuel producer Orano at one of the world's biggest uranium mines, the company said Thursday, in a move that highlighted tensions between France and the African country's ruling junta.

Business - Markets & Companies
6/11/2024 10:09:43 PM
China has ordered the deeply indebted Evergrande conglomerate's electric car subsidiary to repay $262 million in subsidies for failing to meet its contractual obligations or risk having its assets seized, the company announced on Tuesday.

Business - Tech
6/10/2024 9:31:48 PM
Smart issuing and payment processing warehouse MDP plans to inject new investments worth $2 million into the Egyptian market to purchase three new production lines, increasing the total to 15, Ahmed Nafie, CEO of the company, told Ahram Online.

Egypt - Tourism
6/10/2024 8:11:34 PM
Minister of Tourism and Antiquities Ahmed Issa discussed on Monday the situation of tourists currently in Egypt with the German and Austrian ambassadors after German travel and tourism company FTI Group declared bankruptcy.

Business - Tech
6/10/2024 6:05:26 PM
Apple's annual World Wide Developers Conference on Monday is expected to herald the company's move into generative artificial intelligence, marking its late arrival to a technological frontier that's expected to be as revolutionary as the invention of the iPhone.

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