Cairo, The Gulf of Suez Petroleum Company (GUPCO) is planning to drill five new wells in North Safa and Al Wasl oil fields in the Gulf of Suez to develop oil reserves that exceed 100 million barrels and increase oil production to 15,000 barrels per da…
Rania A. Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, met with H.E. Faisal F. Alibrahim, Saudi Minister of Economy and Planning, at the G20 Development Ministerial Meeting in Rio de Janeiro, Brazil. The…
Manama, Bahrain All Share Index has closed at 1,975.11 points, marking a decrease of 3.15 points below the previous closing.
This decrease was due to the drop in the financial and industrial sectors.
Bahrain Islamic Index closed at 823.30 points, ma…
The Egyptian government raised Thursday prices of Octane 80 from EGP 11 to EGP 12.25; Octane 92 from EGP 12.5 to EGP 13.75; Octane 95 from EGP 13.5 to EGP 15.5; and Diesel from EGP 10 to EGP 11.5.
The government set the Kerosene price at EGP 11.5, an…
Manama, Mazad a local portfolio company of Bahrain Mumtalakat Holding Company “Mumtalakat”, announced its strategic partnership with Kanoo Real Estate, a subsidiary of the Yusuf bin Ahmed Kanoo Group, one of the region’s prominent and influential busi…
The Ministry of Finance signed today, Thursday, an amendment to the agreement to extend financing loans granted by the German Development Bank (KFW) for a number of development projects, where the amendment was signed between the Minister of Finance, …
Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani inaugurated this afternoon, Thursday, the first phase of the associated water injection project with a capacity of 300 thousand barrels per day in the northern Rumaila fiel…
The Minister of Trade, Atheer Dawood Al-Ghurairi, discussed with the new Turkish Ambassador to Iraq, Anil Bora Annan, the prospects for economic, trade and investment cooperation, and expanding and balancing the volume of trade exchanges between the t…
Prime Minister Mohammed Shia Al-Sudani received the approval of the coalition of companies that won the investment opportunity for the Baghdad Metro.
A statement from his media office said that Prime Minister Mohammed Shia Al-Sudani chaired a meeting…
The Ministry of Social Solidarity, in collaboration with the National Alliance for Civil Development Work, the Decent Life Foundation, and the Egyptian Red Crescent, has announced the launch of a comprehensive developmental campaign titled “One Hand” …
Aqaba:The city of Aqaba is gearing up to welcome runners and visitors on December 4 for the Ayla Red Sea Half Marathon, a major event aimed at enhancing the city’s tourism appeal and reinforcing its status as a hub for sports tourism.
According to J…
