Suez Canal facilitates unconventional transit of ADMARINE260 Rig
The Suez Canal successfully facilitated the transit of the ADMARINE260 rig on Saturday, employing a non-standard towing and piloting procedure. The Liberian-flagged rig, measuring 45 metres long and 48 metres wide with a total weight of 3,543 tonnes, was towed
House approves tax incentives, facilitation laws, boosting business confidence: Abdel Aal
Rasha Abdel Aal, head of the Egyptian Tax Authority, has affirmed that the Minister of Finance is committed to implementing a new package of tax incentives and flexible procedures aimed at reducing burdens on taxpayers and fostering trust between businesses
Investment Minister meets Kuwait’s AREF Investment Group to explore expansion in Egypt
During his visit to Kuwait, Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib met with a delegation from AREF Investment Group to discuss the company’s current projects in Egypt and explore new investment opportunities. The meeting highlighted AREF’s existing
EV charging in less than 10 minutes: Zeekr 7X test confirms fastest charging SUV in world
Zeekr 7X electric SUV model - which is Australia bound - has achieved a fast-charging time of under 10 minutes, the fastest in the world.
The post EV charging in less
Egypt Declares 2025 “Year of Umm Kulthum”
Egypt’s Ministry of Culture has declared 2025 the “Year of Umm Kulthum,” launching a year-long celebration to commemorate the 50th anniversary of the legendary Egyptian singer’s death. Known variously as “the star of the east”, “mother of the Arabs” and
Egypt, Djibouti emphasise Red Sea security, Somalia stability, discuss port link
Egyptian and Djiboutian foreign ministers held political consultations Sunday, focusing on strengthening bilateral relations, including a potential link between Egyptian ports and Djibouti. The meeting followed a separate discussion earlier in the day between Egyptian President Abdel Fattah Al-Sisi and
Wolfspeed launches Gen 4 MOSFET for high-power applications
Silicon carbide device maker Wolfspeed has introduced its new Gen 4 technology platform, to simplify switching in high-power designs such as EV powertrains, renewable energy systems and battery energy
No justification for Red Sea escalation after Gaza ceasefire: Egypt’s Abdelatty
Egyptian Foreign Minister Badr Abdelatty said Sunday there is no justification for escalation in the Red Sea region following the successful ceasefire agreement in Gaza. Egyptian efforts continue to implement the agreement’s stages, including the exchange of detainees and prisoners,
Kuwait Finance House expands into Egypt with Ahli United Bank acquisition
Kuwait Finance House (KFH) has officially launched its operations in Egypt following the successful acquisition of Ahli United Bank Bahrain in 2022. The transformation into a fully Sharia-compliant financial institution was completed in December 2023, followed by a merger with
Mustang Mach-E Owners Prove You Shouldn’t Worry About EV Range
Owners of the Ford Mustang Mach-E drive far less than its stated range on a daily basis and charge mostly at home.
