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Business

  • World Bank
The support package comes after Egypt devalued its currency earlier in March, to curb record high inflation
World bank group to provide Egypt with $6 billion over three years
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  • Meta
The interim measure would remain in place until a final decision is made
Turkey moves against Meta over Threads-Instagram data sharing
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  • Olive oil industry
Tunisian olive oil producer, Mustapha Mtiraoui, works inside his oil mill in Kairouan
Tunisia's olive oil exporters lament missed opportunities
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  • Egypt's economy
Egypt's primary budget surplus will rise to above 3.5% in the fiscal year
Egypt says land sale, IMF accord will ease budget problems
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  • Saudi wealth fund
 Yasir al-Rumayyan, head of Saudi Arabia's sovereign wealth fund
Saudi Arabia boosts PIF portfolio with Aramco shares
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  • Tourism
Some 3.6 million tourists visited Egypt in the October-December 2023 period
Egypt sees tourism numbers picking up in first two months of 2024
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  • Morocco-Switzerland trade
The exchange was part of a working visit by Mezzour to Switzerland
Morocco, Switzerland hold talks on boosting economic exchanges
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  • Turkey Inflation
Turkish lira
Turkey inflation soars to 67%
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  • Green energy
Egypt turning greener
Egypt signs 7 green hydrogen $40-billion MoUs
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  • PIF-ATP partnership
Saudi Arabia will also host a new elite tennis exhibition tournament in October
ATP inks multi-year strategic partnership with Saudi Arabia's PIF
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  • Libya's central bank
Kabir's demand for a unified budget is a reference to the country's political divisions
Libyan central bank chief challenges PM on national budget
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  • Oil Market
Saudi Arabia has said that the cuts could continue past the first quarter if needed
OPEC+ to consider extending voluntary oil output cuts
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  • Sovereign wealth funds
Coveney: There are exciting investment opportunities in Ireland
Ireland seeks to lure Gulf sovereign wealth funds
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  • Israel's gas
Israel's gas production jumped 13.9% from 2022
Israel says gas exports to Egypt, Jordan rose 25% in 2023
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  • Liquefied natural gas
Kaabi said Europe will continue to need gas for "a long time"
Qatar plans to raise gas output
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  • UAE-Kenya trade
Non-oil trade between the UAE and Kenya reached $3.1 billion in 2023
UAE, Kenya seal comprehensive economic partnership deal
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