New Italian-built power plant opens in Tunisia
A new 10 MW photovoltaic plant has started production in Tunisia. ...
IATA : Middle East air traffic up 114% in October
Middle Eastern airlines witnessed a 114.7 percent rise in international air traffic in October 2022 compared to the same period last year, as the aviation industry continues showing strong signs of rebounding from the pandemic, according to the International Air Traffic Authority. ...
Egypt's Cabinet approves final version of State Ownership Policy Document
The Cabinet reached the final version of the policy document after three-months of negotiations. ...
Saudi Arabia, Morocco sign deal to enhance cooperation in tourism
Saudi Arabia and Morocco signed a memorandum of understanding on Friday to encourage and develop cooperation in tourism, and coordinate efforts to achieve the sustainable development of the industry in both countries, the Saudi Press Agency reported. ...
Egyptian firm Elsewedy Electric to set up operation in Saudi Arabia as cross-national ties deepen
Egyptian company Elsewedy Electric is all set to establish a new firm in Saudi Arabia with a capital of SR500,000 ($133,048), as trade relations between the countries deepen. ...
Egypt’s $11bn wind project aiming to power Europe and Saudi Arabia to be operational by 2030
One of the world’s largest wind farms being built in Egypt is set to become operational by 2030 with construction set to begin in 2024, according to Infinity Power, one of the main companies backing the project. ...
COP27 climate talks extended to Saturday
The UN climate conference, whose negotiations are stalling over funding for poor countries, will be extended until Saturday, its Egyptian president Sameh Shukri said Friday. ...
COP27: Arab countries’ development undermined by climate change, leaders tell UN
Arab leaders warned of growing agricultural challenges caused by global warming as they urged for more support from richer nations during the UN’s Climate Change Conference. ...
UAE and Egypt agree to build one of world’s biggest wind farms in COP27
The presidents of the UAE and Egypt witnessed the signing of an agreement on Tuesday to develop one of the world’s largest onshore wind projects in Egypt, according to an official statement on the Gulf nation’s state news agency. ...
Iraq hits 9 billion dollars in oil revenues in September
The revenues of Iraqi oil exports in the month of September approached 9 billion dollars, according to what was announced by the Ministry of Oil. ...
Iraq parliament approves new government after year of deadlock
Iraqi lawmakers have approved a new government, ending more than a year of deadlock, but the country still faces many challenges. ...
US dollar exchange rate surpasses 23 EGP at closing
At the Egyptian Gulf Bank, the dollar price was traded at EGP 23.10 for buying and EGP 23.20 for selling. ...
After adoption of 'flexible exchange-rate regime'... Egyptian pound falls by 17% vs dollar, 19% vs euro
On Thursday afternoon, according to an average of exchange rates at various major banks in Egypt, the US dollar exchange rate registered EGP 22.9 up from EGP 19.7 on Wednesday and the euro exchange rate registered EGP 23.1 up and EGP 19.4 also yesterday. ...
Palestinians strike as outrage grows over Israeli aggression
Shops, offices, and schools closed across the occupied West Bank and East Jerusalem on Thursday as Palestinians went on strike in protest at blockades and the killing of a man who killed a female Israeli soldier in a checkpoint attack. ...
Iranian regime’s relentless attacks on protesters must end, UN human rights chief says
Volker Turk, the UN’s high commissioner for human rights, on Tuesday said he is deeply concerned about the unrelenting violent crackdown by security forces on protesters in Iran, including reports of arbitrary arrests and the killing and detention of children. ...
Iraq judge questions five tax officials over missing $2.5bn
An Iraqi investigative judge has questioned five senior tax officials over $2.5 billion in public funds that have gone missing, and more arrest warrants have been issued, authorities said on Tuesday. ...
Iranian exiles, activists pen letter to the West urging more support for protesters
Protesters standing up to the brutal crackdown by the government in Iran need the same level of support from the West as Ukrainians in their conflict against Russia, a group of prominent exiled Iranians has said. ...
Iran denies providing Russia with weapons ‘to be used’ in Ukraine
Iran has once again rejected allegations that it has supplied Russia with weapons “to be used in the war in Ukraine,” its foreign ministry said Saturday. ...
Japan lauds agreement between Israel and Lebanon on maritime boundary
Japan praised Lebanon and Israel after they reached a consensus on a draft agreement on the maritime boundary between the two countries. ...
Iraq's new PM-designate faces tough task to unite bitter rivals
Iraq's new prime minister-designate Mohammed Shia al-Sudani hails from the Shiite Muslim political class that has been in power for almost two decades. ...