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…
Deputy Prime Minister for Energy Affairs, Minister of Oil, Hayyan Abdul-Ghani, discussed with the Ambassador of the Sultanate of Oman to Iraq, Sheikh Mahmoud bin Muhanna Al-Kharusi, ways to develop cooperation in the oil and gas sector.
The ministry …
Basra heavy and medium crude oil prices fell today, Wednesday, despite a rise in global markets.
Prices for Basra Heavy crude fell by 58 cents to reach $77.35, and prices for Basra Medium crude fell by 56 cents to reach $80.28.
Oil prices rose today…
Deputy Prime Minister for Energy Affairs, Minister of Oil, Hayyan Abdul-Ghani, discussed with the Ambassador of the Sultanate of Oman to Iraq, Sheikh Mahmoud bin Muhanna Al-Kharusi, ways to develop cooperation in the oil and gas sector.
The ministry …
Manama, As part of Bahrain Bourse’s (BHB) efforts to develop the Capital Market in Bahrain and enhance market liquidity, and following the approval of the Central Bank of Bahrain (CBB), Bahrain Bourse announces the launch of Technical (Uncovered) Shor…
Manama, Bahrain All Share Index has closed at 1,978.26 points, marking a decrease of 1.40 points below the previous closing.
This decrease was due to the drop in the material sector.
Bahrain Islamic Index closed at 823.11 points, marking an increase…
Egypt’s Minister of State for Military Production Mohamed Salah El-Din Moustafa met on Wednesday24/7/2024 with Minister of Investment and Foreign Trade Hassan el-Khatib to discuss aspects of joint co-operation between the two ministries.
During the m…
Prime Minister, Mostafa Madbouly, underscored the critical importance of channeling the collective efforts of the ministerial economic group towards bolstering key economic indicators. Of particular concern is the pressing need to address the downward…
Finance Minister Ahmed Kouchouk headed to Brazil to participate in meetings of the finance ministers and governors of central banks of Group 20 in the country as of Thursday25/7/2024.
This is Kouchouk’s first international station after taking the po…
Siena:Moderate weather is expected across most of Jordan on Wednesday, with a slight chance of evening showers in the far east, preceding a noticeable drop in temperatures and possible rain in northern and central areas on Thursday, as reported by the…
