Business & Finance

Egypt, Qatar mull boosting economic relations

Minister of Planning, Economic Development, and International Cooperation Rania el-Mashat on Friday 20/9/2024 hailed strong and distinguished relations between Egypt and Qatar, marked by mutual coordination.

Source: State Information Service Egypt

Petroleum minister, Eni official confer on joint plans

Petroleum Minister Karim Badawy met Friday20/9/2024 with Guido Brusco, Chief Operating Officer Natural Resources at Italy’s Eni, to discuss joint development and production plans.

The meeting was held on the sidelines of Gastech 2024 in the US.

The…

Transport minister orders action to upgrade SuperJet Egypt

Transport Minister Kamel el-Wazir has directed SuperJet Egypt to keep working on a plan to upgrade the company through purchasing new buses and maintaining the efficiency of the current fleet.

Already, 16 new buses have joined the fleet, which now i…

Gold prices rise

Bethlehem – Ma’an – Gold prices rose to their highest level after the US Federal Reserve cut interest rates by about half a percentage point.

Spot gold rose 0.9% to $2,592.39 an ounce, while US gold futures rose 0.2% to $2,598.60 at settlement.

Sou…

Oil prices rise despite concerns about global demand

Oil prices rose on Thursday after a significant cut in US interest rates, while concerns about global demand remained, which limited gains.

Brent crude futures for November delivery rose 36 cents, or 0.5 %, to $74.01 a barrel. West Texas Intermediate…

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Heavy Showers Anticipated in Jordan as Cooler Weather Arrives

Amman:A cool and humid air mass from the eastern Mediterranean is predicted to bring widespread showers to northern and central Jordan on Friday, potentially resulting in heavy rainfall in some areas, as reported by the Jordan Meteorological Departmen…