The Khalda Petroleum Company, a subsidiary of Apache, has made a significant oil discovery in the West veops-1 region within the Khalabsha Development Area of the Western Desert, according to a statement released by the Ministry of Petroleum and Mine…
Auto sales in July surged by 42.2 percent month-over-month, reaching 11,400 vehicles, according to the Automotive Marketing Information Council (AMIC).
This marks the fourth consecutive month of increased sales, following a significant 43 percent de…
Oil prices fell in early Asian trading on Tuesday, after rising in the previous three sessions.
Brent crude futures fell by 32 cents, or 0.39 %, to $81.11 a barrel by 01:45 GMT, while US West Texas Intermediate crude futures fell by 36 cents, or 0.46…
Minister of Finance Taif Sami chaired today a coordination meeting with the international auditing and oversight firm Ernst and Young, to follow up on the ongoing technical plans to merge and organize the work of Rafidain and Rashid Banks and insura…
Ramallah – Ma’an – The International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) announced a strategic alliance between them to invest 8.92% of the shares of Bank of Palestine. This investment is a strateg…
The Ministry of Petroleum and Mineral Resources has recently initiated a fresh global bidding process for 2024 through the Egyptian Natural Gas Holding Company (EGAS).
This bidding aims to explore natural gas and crude oil in 12 sectors across the Me…
Prime Minister Mostafa Madbouly issued a decree to reappoint Ahmed Elsheikh as the Egyptian Stock Exchange’s (EGX) chairman and Heba ElSerafi as the vice chairman for a one-year term, starting 26 August.
Elsheikh was appointed chairman of the EGX on …
About 36,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.
In a statement, the RSPA said imports included 5,000 tons of goods, 432 trucks and 96 cars, while the exports included 31,00…
The Egyptian Natural Gas Holding Company (EGAS) on Tuesday announced launching a new International Bid Round for Oil and Gas Exploration for the year 2024 in 12 blocks in the Mediterranean and Nile Delta, according to the Ministry of Petroleum and Min…
Manama, Bahrain All Share Index has closed at 1,928.19 points, marking a decrease of 0.40 points below the previous closing.
This decrease was due to the drop in the consumer discretionary sector and the material sector.
Bahrain Islamic Index close…
New York:King Abdullah II of Jordan held a meeting with Iraq’s Prime Minister Ali Zaidi on Tuesday during the 81st Session of the United Nations General Assembly in New York.
According to Jordan News Agency, the meeting was also attended by Crown Pri…
