Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.
Spot gold was steady at $2,448.38 per ounce, after hitting its highest level since July 18 e…
Ramallah – Ma’an – Ooredoo Palestine announced its financial disclosure for the first half of 2024 in accordance with the applicable laws and regulations in Palestine. The company’s disclosure statement showed positive performance in various indicator…
Tokyo stocks tumbled Thursday at the close of trading Thursday, as key sectors including real estate and exporting companies declined, amid a rise in the value of the yen against the dollar.
The 225-issue Nikkei Stock Average ended down 975.49 points…
Egyptian Petrochemicals Holding Company (ECHEM), Sidi Kerir Petrochemicals Co. (SIDPEC), Egyptian Natural Gas Company (GASCO), and Gama Construction signed on Thursday a shareholders’ agreement to establish the Alexandria Supply Chain Company.
The pr…
The British Oil Company (SHELL) reported that its profit for the second quarter of 2024 fell by more than 19 percent compared to the first quarter.
Despite this decline, profits were higher than expected, with Shell reporting adjusted earnings of USD…
The Ministry of Petroleum and Mineral Resources stated that the English company Shard Capital proposed building a petrochemical complex in the New Alamein Industrial Zone at an estimated cost of $7 billion.
The statement came after a meeting on Thurs…
Algeria and Italy on Wednesday signed a memorandum of understanding (MoU) in the field of electricity exports to Europe.
The Algerian energy group Sonatrach said that the MoU was signed in partnership between Sonatrach, the Algerian electricity and g…
Prime Minister Mostafa Madbouly engaged in discussions with Saudi Minister of Investment, Khalid Al-Falih, focusing on enhancing cooperation and fostering investments between their nations.
During their meeting, Madbouly highlighted Egypt’s success i…
The US dollar declined today after the Federal Reserve (US Central Bank) kept the door open for a rate cut in September, helping stabilize the yen near its highest level since March following the Bank of Japan’s shift towards a tightening policy The y…
Egyptian Minister of Planning and International Co-operation Rania al-Mashaat asserted the diverse Saudi investments in Egypt citing hundreds of Saudi companies operating in vital sectors in Egypt.
The minister said the government is looking forward …
Amman: The Ministry of Foreign and Expatriates Affairs announced that the bodies of nine Jordanian citizens arrived in the Kingdom on Friday morning after they died in a traffic accident involving a bus carrying Jordanian and Egyptian passengers on th…
