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 …
South Korea’s exports extended on-year gains to the tenth straight month in July on the back of the robust performance of semiconductors, data showed Thursday.
Outbound shipments rose 13.9 percent on-year to USD 57.4 billion last month, according to …
Oil futures jumped about three percent amid investor concerns about the expansion of the conflict in the Middle East, and after a sharp decline in US crude inventories.
Brent crude futures for September delivery rose $2.09 per barrel, or 2.66 %, to $…
Doha: The general index of Qatar Stock Exchange (QSE) dropped 19.32 points, or 0.19 percent, at the beginning of trading on Thursday, reaching 10,134 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in four sec…
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…
