Author: Steven Sahiounie

By: Karam Gendy, Egyptian Economical Journalist Energy and Natural Resources:Egypt’s strategic location as a regional energy hub presents significant opportunities for economic growth. Massive discoveries of natural gas reserves have transformed Egypt into a net exporter, enhancing its energy security and attracting foreign investments. The government’s focus on expanding renewable energy sources, such as solar and wind power, further paves the way for sustainable development and paves a path towards reduced dependency on traditional energy sources. While the road to economic recovery for Egypt is not without challenges, the country’s resilience, strategic planning, and ongoing initiatives indicate a promising future.…

Governor of the Central Bank of Egypt (CBE) Hassan Abdullah has signed the WE Finance Code initiative charter with the European Bank for Reconstruction and Development (EBRD) to bolster women’s financial inclusion and economic empowerment in Egypt, as per a statement.

Doha, Qatar: Mohammed bin Ahmed bin Twar Al Kuwari, First Vice Chairman of the Qatar Chamber, met via video call with Rasulov Dilshod Ozodovich

Narrowing the GDP per capita gap between major urban hubs and regional territories by only 10% could potentially inject SR27 billion ($7.2 billion) into Saudi Arabia’s GDP annually.

PARIS – Emerging economies have increasingly driven global agricultural market developments over the last 20 years and are projected to continue to do so over the next decade

RIYADH: Enhanced cooperation between Arab and African countries is set to flourish after officials met for the fourth meeting of the Board of Governors of the Arab-African Trade Bridges Program and the Tunisian-African Business meetings in Tunis. 

RIYADH: Advanced smart grid technologies are pivotal for enhancing energy transition and system reliability, with projections indicating a need to double investments to $600 billion annually by 2030. 

RIYADH: More than 30,000 certificates of origin were issued to Saudi manufacturers for the 14th consecutive month in June, highlighting the robustness of the Kingdom’s export sector.  

RIYADH: Hedge funds flocking to Abu Dhabi have pushed office occupancy rates over 95 percent, prompting a call for an increase in business-centric real estate.  

RIYADH: Saudi Arabia’s first-quarter current account surplus widened to SR28.6 billion ($7.6 billion), up 75.46 percent from the previous quarter, driven by strong services exports, an analysis showed.