Business & Finance

Oil prices fall despite the dollar’s decline

Oil prices fell during the end of trading, on Thursday, despite the weakness of the dollar after the disclosure of key US inflation data.

The dollar suffered sharp losses this week, with the focus largely shifting towards the upcoming inflation data …

Oil prices record an increase upon settlement

Oil prices rose at settlement at the end of today’s trading, following the announcement of a decline in crude oil and gasoline inventories in the United States last week.

Brent crude futures rose by 42 cents, or 0.5 %, to reach $85.08 per barrel upon…

FRA, FDA collaborate for Egypt’s non-banking financial in SDG

The Financial Regulatory Authority (FRA) and the French Development Agency (FDA) have joined hands to strengthen Egypt’s non-banking financial sector in achieving the Sustainable Development Goals (SDGs).

They recently signed a memorandum of understa…

OPEC confirms oil demand growth expectations in 2024 and 2025

The Organization of the Petroleum Exporting Countries (OPEC) maintained its expectations for relatively strong growth in global oil demand in 2024 and 2025, noting that flexible economic growth and strong air travel will support the use of fuel in the…

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Ayla Red Sea Half Marathon Set to Boost Sports Tourism in Aqaba

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…