Minister of Petroleum and Mineral Resources Kareem Badawi underscored the Egyptian government’s commitment to rescheduling payment for international companies engaged in the nation’s petroleum sector, highlighting the establishment of a payment mechan…
Egypt has received five international shipments of liquified natural gas out of 21 contracted cargoes as part of the country’s urgent plan to provide for the needs of power plants, said the state-owned Egyptian Natural Gas Holding Company (EGAS).
In …
Tourism and Antiquities Minister Ashraf Fathy discussed with UAE Ambassador to Egypt and Permanent Representative to the Arab League Mariam al Kaabi ways of boosting bilateral cooperation in the spheres of tourism and antiquities.
During the meeting,…
Minister of Trade, Atheer Dawood Salman, arrived in Geneva to head the negotiating team for Iraq’s access to the World Trade Organization in its third negotiating round.
The Ministry of Trade said in a statement, ‘Minister of Trade, Atheer Dawood Sal…
Oil prices fell at settlement at the end of Monday’s trading.
Brent crude futures fell 18 cents, or 0.2 %, to settle at $84.85 per barrel.
US West Texas Intermediate crude also fell 30 cents, or 0.4 %, to reach $81.91 per barrel upon settlement.
Th…
Oil prices fell today, Tuesday, due to fears of a slowdown in the Chinese economy, which is putting pressure on demand, but the growing consensus that the Federal Reserve (the US central bank) will begin lowering interest rates next September limited …
The Ministry of Electricity and Renewable Energy revealed Tuesday that the electricity linkage between Egypt and Saudi Arabia would begin operation in Fall 2025 with a capacity of 3,000 megawatts as a first phase.
The project – implemented by a conso…
Russia announced that the global oil market will be balanced in the second half of the year and beyond thanks to the OPEC Plus alliance agreement on production.
Russian Deputy Prime Minister Alexander Novak said that the OPEC Plus alliance, which inc…
Egypt’s Finance Minister, Ahmed Kouchouk, has reaffirmed the government’s commitment to creating a strong environment that attracts both domestic and international investors across all sectors of the economy.
Speaking at the Egypt Mining Forum on Tue…
Manama, This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 108%.
The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.
The issue date of the bills is July 18, a…
Aqaba:The city of Aqaba is gearing up to welcome runners and visitors on December 4 for the Ayla Red Sea Half Marathon, a major event aimed at enhancing the city’s tourism appeal and reinforcing its status as a hub for sports tourism.
According to J…
