Browsing: Egypt

XRG, ADNOC’s international investment company for lower-carbon energy and chemicals, has partnered with BP to launch a new natural gas joint venture in Egypt, named Arcius Energy. BP holds a 51 per cent stake, while XRG owns 49 per cent. The partnership combines their technical expertise and development success to build a competitive gas portfolio.

The Central Bank of Egypt (CBE) has announced the launch of a card tokenisation service…

UAE is projected to exceed its renewable energy capacity targets for 2030, according to the International Energy Agency (IEA).

Abdullah bin Touq Al Marri, UAE Minister of Economy, met with Dr Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, to discuss enhancing economic collaboration between their countries.

Noatum, a subsidiary of AD Ports Group, has obtained a majority share in Safina BV, a maritime agency and cargo services provider operating in Egypt and throughout the Middle East.

Egyptian Minister of Housing, Utilities and Urban Communities, Engineer Sherif El-Sherbiny, has highlighted the profound fraternal relations between Egypt and the UAE. He pointed out the significant investment opportunities in various sectors, particularly in new cities, especially fourth-generation cities, with ongoing collaboration with Emirati investors in this regard.

Banks in the GCC region are showing a strong desire to expand their presence in major regional markets, particularly Turkey, Egypt, and India, according to Fitch Ratings on Tuesday. This is driven by improved economic conditions and growth opportunities in these target markets.

Banks in the UAE and other Gulf Cooperation Council (GCC) countries are actively seeking to…

Dubai, UAE — Adyen, a global payments company, has announced a strategic partnership with Noon,…

Unifonic, the leading conversational AI platform and SaaS (Software as a Service) provider in the MENA, opened its new office in Egypt, marking a crucial milestone in its regional expansion journey. Having proudly operated in Egypt since 2008, this investment reaffirms Unifonic’s ongoing efforts to enhance customer satisfaction by facilitating local support and innovative solutions.