Oman’s oil exports drop in March
Oman's oil exports fell by 4.9 per cent year-on-year to about 74.97 million barrels by the end of March, while…
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Turkey discovers $30bn gas reserve in Black Sea
Turkey has discovered a new natural gas reserve of 75 billion cubic metres in the Black Sea, President Tayyip…
Guyana passes oil spill liability bill
Guyana's parliament passed new legislation late Friday to hold companies liable for damages caused by oil spills,…
China’s GS Global to build $15m garment factory in Egypt’s West Qantara
Egypt’s Suez Canal Economic Zone (SCZone) has signed a $15 million agreement with Chinese apparel manufacturer GS…
Egypt’s Sukari gold mine to see surge in investment, output
Egypt’s Sukari Gold Mine is set for a significant expansion following AngloGold Ashanti’s acquisition of the former…
Moody’s downgrades US credit rating to Aa1
Moody’s Ratings downgraded the United States’ long-term issuer and senior unsecured ratings to Aa1 from Aaa, citing…
EGX ends week mixed on May 15
The Egyptian Exchange (EGX) ended Thursday’s session on a mixed note, with the benchmark EGX30 rising 0.36 per cent…
US PPI falls in April
US Producer Price Index (PPI) for final demand fell 0.5 per cent in April 2025, seasonally adjusted, following no…
Egypt’s PM inspects Sukari gold mine solar power plant
Egypt’s Prime Minister Mostafa Madbouly inspected underground mining operations and a 36-megawatt solar power…
PM tours Sukari Mine as AngloGold expands Egypt gold bet
Prime Minister Moustafa Madbouly toured Egypt’s largest gold mining operation at Sukari in the Marsa Alam area on…
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