Baghdad, Oil prices rose more than three percent at settlement, Monday, to continue their gains for the fifth consecutive session amid increasing risks of supply disruptions.
Brent crude futures rose $2.64, or 3.3 percent, to $82.30 a barrel at settl…
Egypt is currently working to build 200,000-250,000 new hotel rooms as part of its target to attract 30 million tourists by 2028, Prime Minister Mostafa Madbouly said on Sunday during the cabinet’s meeting at its premises in New Alamein.
Madbouly add…
Eroglu Garment, a subsidiary of the Turkish Eroglu Global Holding Group, has announced the establishment of a new ready-made garment factory in the Qantara West industrial zone of the Suez Canal Economic Zone (SCZone), marking a significant investment…
Haier Egypt, a subsidiary of Chinese home appliance giant Haier,, is seeking a $50 million investment to expand its production and increase exports, the company’s Egypt director, Ahmed El-Gendy, said on Monday.
El-Gendy made his remarks during a meet…
State Minister for Military Production Mohamed Salah el-din had a meeting on Tuesday 8/8/2024 with Water Resources and Irrigation Minister Hani Sweilem to discuss progress made so far to implement a number of water resources management projects.
Duri…
Petroleum and Mineral Resources Minister Karim Badawi ordered the formation of an advisory committee to increase the oilfield production and manage petroleum reservoirs.
The minister’s decision aims at achieving sustainability, improving efficiency a…
Manama, Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), one of the world’s largest aluminium smelters, has reported a Profit of BD68.5 million (US$182.2 million) for the second quarter of 2024, up by 129.2% Year-over-Year (YoY), versus a Profit o…
Abu Dhabi, ADNOC Gas announced strong financial results for the second quarter (Q2) of 2024, posting an adjusted net income of $1,190 million, a 21% year-on-year (y-o-y) improvement exceeding market expectations.
Revenues for the Q2 period of $6,076 …
The Chairman of the Board of Governors of the Iraq Stock Exchange, Adnan Hashem, signed today, Monday, with the Chairman of the Board of Directors of the Egyptian Stock Exchange, Ahmed Al-Sheikh, a cooperation protocol to enhance joint work between th…
The Ministerial Council for the Economy discussed, today, Monday, the government’s monetary, financial and economic policy.
The media office of the Council stated in a statement that “Deputy Prime Minister, Minister of Foreign Affairs, Chairman of th…
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…
