HVDC Transmission Between Europe & North America Makes Fiscal Sense
As someone who spends a lot of time looking at HVDC electricity interconnectors globally, and holding the position that HVDC is the new pipeline, I’m very pleased with the latest Ember report, Security and efficiency: The case for connecting Europe
Egypt, Saudi Arabia strengthen industrial cooperation with supply chain deal
Kamel Al-Wazir, Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, welcomed Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef and his delegation to discuss ways to enhance industrial cooperation between the two nations.
CBE hosts inaugural meeting of African Financial Stability Committee
In line with presidential directives to boost Egyptian-African cooperation and integration, the Central Bank of Egypt (CBE) hosted the inaugural meeting of the African Financial Stability Committee (AFSC) from December 9–11, 2024. Under the leadership of CBE Governor Hassan Abdalla,
Volvo’s most affordable EV will arrive with up to $9,000 in discounts, but here’s the deal
Volvo’s most affordable EV, the EX30, already has up to $9,000 in discounts with US deliveries just around the corner. However, with some limitations, the Volvo EX30 could face stiff competition with better deals on Tesla, Kia,
CBE reports decline in annual core inflation to 23.7% in November
The Central Bank of Egypt (CBE) has reported a slight decrease in annual core inflation, which dropped to 23.7% in November 2024, down from 24.4% in October 2024. Monthly core inflation for November 2024 stood at 0.4%, a decrease from
D-8 Commissioners meet in Cairo to prepare for summit, back Egyptian proposals
Preparatory meetings for the Developing Eight Organisation for Economic Cooperation (D-8) Summit began in Cairo on December 16th, with member states gathering at the commissioner level to discuss key agenda items. The meetings, chaired by Egypt, are a precursor to
The Consequences of Syria’s Collapse
Over the past few days, dramatic and unprecedented events have unfolded in Syria. In less than 10 days, Bashar al-Assad’s regime fell to a Sunni-Kurdish alliance—an outcome that was neither anticipated nor imagined. This historic shift is not merely a
Nio completes 60 million EV battery swaps in China
Chinese electric vehicle manufacturer Nio has surpassed 60 million battery swaps in its home market, only four months after it passed the 50 million mark.
The post Nio completes
Middle East, Africa spend $3bn on employee training: Hesham Mansour
Nearly $3bn was spent on employee training across the Middle East and Africa in 2024, according to Hesham Mansour, chairperson of the International Assessment and Development Summit. Mansour revealed the figure while emphasizingthat investment in human capital is a top
The Power of Face-to-Face Communication in Middle Eastern Business
For centuries, business leaders and traders have traveled far and wide and braved challenging conditions to conduct commerce in person. Today, however, virtual communication technologies make it possible to meet via a screen, eliminating excessive travel time and costs. Still,