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Orascom Construction, Siemens and Arab Contractors consortium ink multi-bn USD high-speed rail contract
Siemens Mobility, Orascom Construction (OC) and Arab Contractors have signed a contract with the government for the second phase of…
An influx of German tourists could boost Egypt’s tourist arrival numbers
Egypt could receive around 7.5 mn tourists this year, an official at the UN World Tourism Organization (UNWTO) told Enterprise…
THIS MORNING: Worst day for global stocks since June 2020; It’s inflation day here in Egypt
Good morning, friends, and happy hump day. We have a really packed issue for you today, so let’s jump right…
The most distant star seen through Hubble + Volcano bonds for crypto enthusiasts in El Salvador
Astronomers have spotted what is believed to be the most distant star ever seen through the Hubble space telescope, according…
France, UK + Germany ready to sign nuclear deal, says Iran
Three countries are apparently ready to sign a nuclear agreement with Iran: Iranian Foreign Minister Hossein Amirabdollahian said his country…
EFG Hermes’ private equity units eye fresh investments + acquisitions
EFG Hermes-led Vortex Energy, RX Healthcare, and Education Fund eyeing fresh investments + acquisitions: EFG Hermes’ Egypt Education Fund, and…
Aramco profits double in 2021, announces plans to raise oil + gas production
Saudi Aramco plans to hike spending this year as it looks to ramp up oil and gas production in the…
THIS EVENING: Ukraine staves off Russian aggression in second-largest city as fighting intensifies + FinMin to create PPP database to track risks
Good afternoon, ladies and gentlemen. It’s another somber news day, with few stories of note here at home as the…
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