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British “Babcock” sells oil and gas airline to Canadian “CHC”
The British Aerospace Industries Company (Babcock) has completed the sale of the Oil and Gas Aviation Company, one of its subsidiaries, to the Canadian air transport group CHC.
This was mentioned by the company's official website, in a…
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“Amazon Egypt”…Does it add value to the local market and the consumer, or does it…
The American e-commerce company "Amazon" officially launched, yesterday, Wednesday, its new website in "Amazon Egypt", which will be an alternative to the "Souq.com" that it acquired years ago.
Also this week, the Egyptian Prime…
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Salvadorans Express Concern Over Bitcoin Legalization
A sense of unease has been felt across the country of 6.4 million people, as El Salvador will, on Tuesday, become the first country in the world to adopt Bitcoin as legal tender.
Reuters published news of a large section of the…
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Erdogan: Turkish tourism is about to compensate and overcome the losses of Corona
Turkish President Recep Tayyip Erdogan said that the Turkish tourism sector has reached a level that qualifies it to compensate for the losses that it has incurred due to the Corona pandemic, and even exceed it.
"With regard to the…
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Rosatom resumes shipment of essential equipment for construction of the Akkuyu nuclear power reactor…
Russian energy giant Rosatom's Atommash plant has started shipping steam generators for power unit No. 2 of the Akkuyu nuclear power plant, which is under construction in Turkey, the company's press service said.
Steam generators are the…
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“OPEC +” continues its oil production policy, starting from September, most likely without change
Three sources in "OPEC +" told "Reuters" that the group is likely to keep its oil production policy unchanged when it meets on Wednesday, and will continue a modest planned increase in its production.
The Organization of the Petroleum…
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Saudi investment in Sudan could rise to $10 billion
Sudan’s Prime Minister Abdullah Hamdok said a Saudi pledge to invest $3 billion in his country could rise to $10 billion as the country looks to rebound from an economic crisis.
“In our last visit to Saudi Arabia, we met the crown prince…
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Central bank digital currencies face uphill battle to win over crypto fans
As central banks look increasingly serious about launching their own digital currencies, the challenges they face are also coming into focus.
Some are further along than others. China has been working on a digital yuan for seven years…
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Facebook may launch digital wallet this year before own stablecoin: crypto wrap
Facebook is ready to launch a digital wallet that would let users store cryptocurrencies, even as it is yet to set a date for the release of its own cryptocurrency, a senior company executive said.
David Marcus, head of Facebook’s crypto…
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Starved of electricity, Lebanon picks Dubai’s ENOC to swap Iraqi fuel
Lebanon’s energy ministry said it had picked Dubai’s ENOC in a tender to swap 84,000 tons of Iraqi high sulfur fuel oil with 30,000 tons of Grade B fuel oil and 33,000 tons of gasoil.
ENOC won the tender, part of a deal between the two…
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