Business & Finance

Egypt launches trial passenger train crossed into Sinai

For the first time in years, a passenger train has crossed into Sinai as part of Egypt’s ongoing efforts to revitalize its transportation infrastructure. The Ministry of Transport has launched a trial operation of the Al-Fardan-Bir al-Abd railway line…

Iraqi oil exports to the US decline last week

The US Energy Information Administration (EIA) announced, on Sunday, a decline in Iraq’s oil exports to the United States during the past week.

The EIA stated in a table that “the average US imports of crude oil from 10 major countries amounted to 5….

Basra crude achieves significant weekly gains

Basra crude “heavy and medium” achieved weekly gains exceeding 8%, with global oil prices also recording significant weekly gains.

Basra heavy crude closed in its last session yesterday, Friday, up $2.27 to reach $72.48, and recorded weekly gains of …

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