Business

Burgan Bank achieves KD 21 million net profit in 2024 first half

KUWAIT, Burgan Bank announced on Tuesday that it achieved KD 21 million (about USD 69 million) in net profits during the first half of 2024, with a growth rate of 17 percent on an annual basis.

The Chairman of the Board of Directors of Burgan Bank, S…

Egypt sets a plan to reach 45,000MW from renewable energy

Egypt is aiming for a substantial boost in renewable energy output, with a target of 45,000 megawatts from projects currently under construction, as highlighted by Minister of Electricity and Renewable Energy, Mahmoud Esmat, during a recent Cabinet me…

Minister El-Khatib seeks to deepen Saudi investment in Egypt

Egypt is seeking to deepen economic cooperation with Saudi Arabia, with a particular focus on attracting more Saudi investment, Investment and Foreign Trade Minister Hassan El-Khatib said Monday.

During a meeting with Saudi Ambassador to Cairo Saleh …