EGX closes in green on August 20
Egypt’s stock exchange (EGX) closed in the green area on Tuesday, with the main index, EGX30 gaining 2.03 per cent,…
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BP to finalise profit-sharing deal for Kirkuk fields
BP and Iraq are set to finalise a profit-sharing deal by year-end to develop Kirkuk's oil and gas fields. The…
Egypt’s govt. committed to support automotive industry
The Minister of Industry reaffirmed the government's commitment to supporting the growth of the automotive industry…
Ghana begins construction of $12b oil refinery
Ghanaian President Nana Akufo-Addo has launched the construction of a 300,000 barrel-per-day oil refinery in…
Egypt awards Maridive $17.8 million oil contract
Egypt's government rewards Maridive & Oil Service a one-year contract valued at $17.8 million to provide…
Egypt to partner with General Motors on vocational training
The Egyptian government is collaborating with General Motors Egypt to enhance vocational training programmes,
Egypt seeks to boost energy production w/ ExxonMobil
Egypt’s government aims to leverage its successful global partnerships in exploration and production to drive a…
S. Arabia’s PIF’s assets under management reach $765b in ’23
The Public Investment Fund (PIF) showed strong performance in 2023, with assets under management growing by 29 per…
US power grid adds 20.2 GW in H1 ’24
The US power grid expanded by 20.2 gigawatts (GW) of utility-scale electric generating capacity in the first half…
Oil down on Tuesday
Oil prices went down on Tuesday as Israel accepted a US proposal to address disagreements hindering a ceasefire in…