North Africa UAE Edition

Traders said GASC bought the sunflower oil from ADM at $1,590 a tonne for payment at sight

Italy not proposing EU pays Libya to stop migrant flows - PM's office

The official said the government's view was that the EU must give more attention to the situation in the southern Mediterranean

tunisia

S&P: Tunisia sovereign default could cost banks as much as $7.9bln

Tunisia, which has seen its debt burden rise and economy shrink by 8.8% last year in real terms, started talks with IMF to seek a package of financial assistance

financial services

Financial position of banks in Egypt rises in eight months

Credit facilities provided by banks rise

financial services

Suez Canal Bank reports profit in Q1

Net income from interest, fees, and commissions rose

islamic finance

ADIB registers profits in Q1

This marked a Year on Year (YoY) rise of 43%

technology

Egypt to host AI Show May-end

The virtual event will host over 350 pre-qualified business leaders

grains

Morocco to reimpose 135% customs duty on soft wheat from May 15

The import duties had been suspended until May 15

maritime

Insurer of ship that blocked Suez Canal says reduced claim still high

An Egyptian economic court is due to hold a hearing on May 22 to consider the SCA claim

healthcare

Egypt's Eva Pharma to export COVID-19 drug remdesivir to India

The drug targets moderate to severe cases of COVID-19

North Africa UAE Edition

flyEgypt launches direct flights to Cairo from Ras Al Khaimah

DP World says agrees with Ethiopia to develop trade corridor

Dubai's charity initiatives touch 83mln lives in 82 countries: Sheikh Mohammed

Suez crisis was a wake-up call for global supply chain, says DP World chairman

UAE's Mohamed bin Zayed, Egyptian president Sisi review consolidating fraternal relations

Mideast Stocks: Q1 earnings boost most Gulf markets; Egypt retreats

UAE’s Diamond Group considers fresh investment opportunities in Egypt

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COVID-19 will continue to impact construction sector in 2021: UAE's Fujairah Cement

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Latest News

Egypt's GASC buys 10,000 tonnes of sunflower oil in tender

Italy not proposing EU pays Libya to stop migrant flows - PM's office

S&P: Tunisia sovereign default could cost banks as much as $7.9bln

Financial position of banks in Egypt rises in eight months

Suez Canal Bank reports profit in Q1

ADIB registers profits in Q1

Egypt to host AI Show May-end

Morocco to reimpose 135% customs duty on soft wheat from May 15

Insurer of ship that blocked Suez Canal says reduced claim still high

Egypt's Eva Pharma to export COVID-19 drug remdesivir to India

Multimedia

GalleryEgypt parades 22 royal mummies through Cairo

GalleryEthiopians cross into Sudan to flee fighting

GalleryThousands flee fighting in Ethiopia, cross border to Sudan

GalleryEditor’s Choice: July 30, 2020

VideoEgypt's new capital city faces delays ahead of move