Tag: Egypt

Unlocking digital transformation: IBM partners with FABMisr for banking revolution

businessnewstoday- February 25, 2024

In a significant move that sets new benchmarks in the banking industry, IBM has entered into a long-term collaboration with FABMisr, one of Egypt's leading ... Read More

ADNOC and bp forge new JV to expand gas portfolio in Egypt

businessnewstoday- February 15, 2024

In a landmark move set to redefine the energy sector in Egypt, Abu Dhabi National Oil Company (ADNOC) and British petroleum giant bp have announced ... Read More

Gaza truce hangs by a thread as Hamas halts hostage exchange

businessnewstoday- November 26, 2023

In a dramatic turn of events, Hamas announced on Saturday the suspension of a crucial hostage exchange under the ongoing four-day truce with Israel. The ... Read More

Shell Egypt announces promising gas discovery in North East El-Amriya Block

businessnewstoday- November 23, 2023

Shell Egypt has successfully completed the drilling of the first well in its exploration campaign, Mina West, located in the North East El-Amriya block in ... Read More

Unyielding combat: Israeli forces continue bombardment on Hamas amidst global outcry

businessnewstoday- November 5, 2023

In a night of tumult and terror, an Israeli airstrike targeted a refugee camp in central Gaza, leading to the loss of over 30 lives, ... Read More

East Damanhur block : Wintershall Dea draws first gas from ED2-X well in Nile Delta

businessnewstoday- November 1, 2023

Wintershall Dea, in collaboration with its partners Cheiron Energy, INA, and the Egyptian Gas Holding Company (EGAS), has successfully begun gas production at the ED2-X ... Read More

Horrific collision on Cairo-Alexandria road in Egypt: Death toll rises to 35

businessnewstoday- October 28, 2023

In a spine-chilling turn of events on Saturday, a nightmare unfolded on the Cairo-Alexandria desert road in Egypt's Beheira governorate. State media paints a blood-curdling ... Read More

Shocking error: Israeli tank misfires at Egyptian border post amid Gaza conflict

businessnewstoday- October 23, 2023

In a shocking turn of events, an Israeli tank mistakenly targeted and struck an Egyptian post near the tense Gaza border. The Israeli military confirmed ... Read More

Massive strike in Gaza: 500 Palestinians reported dead after hospital bombing

businessnewstoday- October 18, 2023

In a staggering incident, the Gaza health ministry states that Israeli airstrikes obliterated the Ahli Baptist Hospital, leading to a death toll crossing 500 Palestinians. ... Read More

Kom Ombo Solar Project : ACWA Power secures $182m for 200MW Egyptian plant

businessnewstoday- August 31, 2023

ACWA Power, a leader in the global energy transition and the world's largest private water desalination company, has announced the financial close for its Kom ... Read More