Oil prices dip on Tuesday
Oil prices dipped on Tuesday as traders balanced geopolitical tensions with bearish supply fundamentals. Brent…
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URGENT: IMF reaches staff-level deal with Egypt on fifth, sixth reviews
The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the fifth and sixth reviews…
Asia shares rise on Tuesday
Asian markets rose on Tuesday, supported by momentum buying ahead of the festive holidays and safe-haven demand for…
Golden Triangle hosts 95 mineral deposits worth 7.6% of Egypt’s total – EMRA head
Egypt’s Golden Triangle Special Economic Zone holds around 95 mineral deposits, representing about 7.6 per cent of…
Egypt’s Ageeba hits three-year high in oil output, ministry says
Egypt’s Ageeba Company reached its highest oil production in three years in December, averaging around 32,000…
Egypt signs EGP500 mln deal for Sharqia waste treatment facilities
Sharqia Governorate signed a contract with Green Alternative Energy Assets (GAEA), a subsidiary of TITAN Cement SA,…
APPO appoints Farid Ghezali as new Secretary General
The African Petroleum Producers’ Organization (APPO) appointed Farid Ghezali as its new Secretary General,…
Egypt cracks down on fuel smuggling, safety violations
Egyptian authorities seized large quantities of petroleum products at a warehouse and uncovered safety and…
Oil prices rise on Monday
Oil prices rose on Monday as the US intercepted an oil tanker near Venezuela, raising fresh supply concerns. Brent…