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Such a major agreement could boost Egypt's economy, which is facing a severe currency crisis.The United Arab Emirates is in talks to buy and develop vast swathes of land on Egypt's Mediterranean coast, potentially helping the North African nation's struggling economy. A UAE consortium has been selected to work with Egyptian partners to develop land in Ras el-Hekma, about 350 kilometers (217 miles) northwest of Cairo, CNBC Arabia reported on Wednesday, citing Egyptian officials. That's what it means. Hossam Heiba, chief executive officer of the state-run Investment Free Zones Directorate, told the broadcaster that the initial estimate for the total…

Companies on both sides of the Atlantic are announcing share buybacks at a breakneck pace heading into 2024 as profits beat expectations, with the potential to support global stock markets already trading at record highs. It becomes an important pillar. Faced with the highest borrowing costs in decades, companies have become stingy with share buybacks in 2023, but that is changing with buybacks expected to increase this year. Earnings growth is improving and investors expect the U.S. Federal Reserve and European Central Bank to start cutting interest rates later this year. Lower borrowing costs should give companies room to take…

Lahore, Pakistan: When I stepped out on a cool Thursday morning to cover Pakistan's 12th general election, there was an air of inevitability about the whole exercise. Many prominent analysts had already predicted that the conditions were ripe for three-time former prime minister Nawaz Sharif to return to power. Even though it was clear that the path was paved by Pakistan's military, which once helped Sharif's political rival Imran Khan rise to power, at Sharif's expense. Even though the same ruling class has tormented Sharif not once but twice – first when he was removed as prime minister in Pervez…

A growing number of digital asset startups are offering airline-like loyalty points in an effort to attract more loyal users, but most are unsure what the perks actually mean. I haven't defined yet what to do. Loyalty programs were born in response to token airdrops, a once-popular marketing strategy in which projects distributed cryptographic tokens to users. But while regulatory scrutiny of the tokens themselves has increased, many airdrops have done little to retain users, causing the industry to reconsider the effort. advertisement Continue reading below The nascent points program already has its critics, with many users bemoaning a lack…

The Zimbabwean-born prophet who claims to have predicted the death of Kosta Tich, aka Zahara, has issued yet another solemn warning about the death of a celebrity. This prophet is trending after confirming the death of another celebrity. There is no doubt that his prophecy came true just a few months after the Gqom singer issued a warning to his girlfriend Babes Wodumo. Obey Tishafa Mukanhairi, affectionately known as Merontoku Olasi, shared a message of doom on his own popular Facebook page. Also read: Did I say so? Prophet claims to have predicted Gloria Bosman's death Prophet confirms another celebrity…

NASA's nearly $1 billion PACE mission successfully launched into polar orbit early this morning on a SpaceX Falcon 9 rocket. This is the first time for NASA since 1960. “Once operational, PACE will enable scientists to assess the health of Earth's atmosphere and climate and oceans like never before,” Space.com said. From the report: Incidentally, PACE was the first U.S. government mission launched into polar orbit from Florida since November 30, 1960. That day, the So Able Star rocket took off in such a trajectory but failed, raining debris over Cuba. , some of which had apparently killed cows. Rather…

Mozambique is set to become one of Africa's largest hydropower producers and launch a green hydrogen industry. In a 60-page energy transition strategy seen by Bloomberg, the government said it plans to add 14,000 megawatts of hydropower capacity, the majority of which will be developed between 2030 and 2040. He said in a document that a hydrogen program will be developed this year, but this document has not yet been made public. advertisement Continue reading below The proposal aims to boost growth and industrialize one of the world's poorest countries, which remains a largely poor agricultural economy half a century…

Top journalist and Arsenal fan Piers Morgan gave Cristiano Ronaldo an Arenal shirt as a birthday present on February 5th. Legendary soccer player Cristiano celebrated his 39th birthday, and many fans wished him good health. Also read: Piers Morgan defends David Teager's position against 'double standards' criticism Manchester United and Real Madrid fans were more likely to celebrate Ronaldo's birthday. Surprisingly, Piers Morgan, one of the most ardent Arsenal fans, had gifted the legendary footballer a gift. Piers Morgan celebrated Ronaldo's birthday by sharing a photo of him giving him a present. ALSO READ: 'Shame on Piers': Mzansi shuns Piers…

P.T.I.February 9, 2024 • 20 minutes agoNaman Tiwari rocked opposition batsmen with his pace in the 2024 U19 World Cup ICC (via Getty Images)India's U-19 seamer Naman Tiwari wants to bowl the fastest ball in the world. Inspiration came from watching videos of the game's greats and talking to Jasprit Bumrah.Tiwari, a left-arm fast bowler who is in the spotlight at the ongoing Under-19 World Cup in South Africa, has found that the tips he received from Bumrah at the NCA in Bangalore are working like magic.Tiwari, who hails from Lucknow, troubles batsmen with his yorkers and speed, picking up…

Cristóbal del Solar of Chile reacts after the first round of the Astara Golf Championship at Country Club de Bogota on February 8, 2024, with a 57. (Photo by Hector Vivas/Getty Images) Chilean golfer Cristóbal del Solar finished 57th on 13 under par at the Astara Championship in Colombia.This event is part of the Korn Ferry Tour, a level below the PGA Tour.The 30-year-old became the first golfer to hit a 57 in a PGA-sanctioned tournament, falling short of the 58 shared by American Jim Furyk and Germany's Stefan Jaeger.For more sports news, news 24 sports cover.Chile's Cristóbal del Solar…