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Category: Business 9423

United States University in Kenya: An Academic Landmark Growing on a Land of Diversity
Business
  • 1 mins read

United States University in Kenya: An Academic Landmark Growing on a Land of Diversity

Kenyan President William Ruto officially inaugurated United States University, the first fully integrated Islamic university in Kenya, founded in 1997. The university now enrolls about 3,000 students from Kenya, East Africa, and other countries, offering multiple accredited programs by the Kenyan Ministry of Education.

Beni Suef Governor Orders Preparations for the Fourth Edition of the Medicinal and Aromatic Plants Festival
Business
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Beni Suef Governor Orders Preparations for the Fourth Edition of the Medicinal and Aromatic Plants Festival

Beni Suef Governor held a preparatory meeting for the fourth Medicinal and Aromatic Plants Festival, discussing event plans and an EU-supported integrated center project, aiming to promote Beni Suef as the capital of medicinal and aromatic plants.

"Egyptian Center for Economic Studies": Allowing the private sector space enhances its competitiveness - Al-Ahram Gate
Business
  • 1 mins read

"Egyptian Center for Economic Studies": Allowing the private sector space enhances its competitiveness - Al-Ahram Gate

Omar Mohanna, Chairman of the Egyptian Center for Economic Studies, stated that while Egypt's macroeconomic indicators have improved, reliance on hot money inflows is not advisable. What is needed is foreign direct investment, which requires improving the investment environment and allowing the private sector to compete.

London Stock Exchange Falls Out of Top 20 IPO Markets for the First Time
Business
  • 1 mins read

London Stock Exchange Falls Out of Top 20 IPO Markets for the First Time

The London Stock Exchange slipped to 23rd place globally in IPO markets, with proceeds dropping 69% to $248 million since the start of the year, marking the weakest level in over 35 years.

10 Trillion Dollars in Daily Foreign Exchange Trading
Business
  • 1 mins read

10 Trillion Dollars in Daily Foreign Exchange Trading

Global foreign exchange markets hit a new record with an average daily turnover of $9.6 trillion in April 2023, while the U.S. dollar continues to dominate the market.

Australian Prime Minister Visits Lulu Hypermarket Branch in Abu Dhabi
Business
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Australian Prime Minister Visits Lulu Hypermarket Branch in Abu Dhabi

Australian Prime Minister Anthony Albanese visited the Lulu Hypermarket branch in Abu Dhabi during his official UAE tour, inviting the group to open stores in Australia amid the new free trade agreement between the two countries.

Spain Foils Drug Submarine Carrying 3.6 Tons of Cocaine, Arrests 14 Traffickers!
Business
  • 1 mins read

Spain Foils Drug Submarine Carrying 3.6 Tons of Cocaine, Arrests 14 Traffickers!

Spanish police arrested three men suspected of piloting a submarine carrying 3.6 tons of cocaine from South America to Galicia. Fourteen traffickers were arrested and a large quantity of drugs and related equipment were seized.

Khalid bin Abdullah Reviews Al Naseem Project in Diyar Al Muharraq
Business
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Khalid bin Abdullah Reviews Al Naseem Project in Diyar Al Muharraq

Sheikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister of Bahrain, visited the Al Naseem project in Diyar Al Muharraq to review the completion of villa construction, highlighting the real estate sector's role in supporting the national economy and investment.

Madbouly: High Demand from Low and Middle-Income Families for Japanese and Experimental Schools
Business
  • 1 mins read

Madbouly: High Demand from Low and Middle-Income Families for Japanese and Experimental Schools

Prime Minister Mostafa Madbouly announced presidential directives to expand Egyptian Japanese schools beyond 100, with plans to exceed 500 schools. He also noted the near completion of the Shebin Spinning Factory development project, with investments of two billion Egyptian pounds aimed at reviving the cotton industry.

China's Banks Hold $1.77 Trillion in Foreign Assets
Business
  • 1 mins read

China's Banks Hold $1.77 Trillion in Foreign Assets

China's banking sector held $1.77 trillion in foreign financial assets by the end of June 2025, with a net foreign asset surplus of $234.4 billion resulting from foreign liabilities of $1.54 trillion.

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