Haier Smart Home, a subsidiary of Chinese consumer goods giant Haier Group, announced on Thursday the official inauguration of Egypt Ecological Park, its first production plant in the Arab country.

The UAE-based ARJ Holding has signed an agreement with the government of Iraq to establish a composite fertiliser production plant in Baiji, Salah Al Din governorate.

Kuwait has invested nearly $15 billion in industrial projects and other sectors in Egypt and the assets are expected to surge in the next years following the Kuwaiti Emir’s visit to Cairo, an Egyptian newspaper said on Thursday.

The Egyptian government has submitted a request to the International Islamic Trade Finance Corporation (ITFC), a subsidiary of the Islamic Development Bank (IsDB), to increase its annually-obtained credit limit for purchasing wheat by roughly 150% to $500 million, a government official told Asharq Business.

As of the end of March, there were 1.64 million unemployed people in Morocco with the agricultural sector having lost 206,000 jobs, HCP said in a report

New report states Saudi Capital Market Authority will also target a 17% ownership of free float shares by end of 2024