Egypt to support Guinea’s agriculture development
In a bid to bolster agricultural development in Guinea, the Egyptian Minister of Agriculture has pledged unwavering…
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IEA: Oil markets to stay well-supplied until ’30
Oil markets will supplied until 2030, though maintaining a strong focus on energy security remains crucial amid…
Europe’s gas surplus shrinks
Europe's gas storage refill season started unusually slowly, shrinking the surplus from last winter and pushing…
EGX launches 1st shariah-compliant index
The Egyptian Exchange launched the EGX33 Shariah index, which includes 33 companies that follow the principles of…
Oil up on Wednesday
Oil prices surged as industry data indicated a decrease in US crude stockpiles before an IEA report on market…
US to widen sanctions on semiconductor sales to Russia
The US government plans to announce wider sanctions targeting semiconductor chip sales and other goods to Russia,…
World Bank raises global growth forecast
The World Bank revised its global economic outlook upwards, now projecting a 2.6 per cent expansion in 2024,…
Enersol acquires majority stake in Gordon
Enersol, ADNOC Drilling Company and Alpha Dhabi Holding joint venture has agreed to acquire an additional 42.206…
OPEC+ forecasts robust global oil demand
OPEC+ reaffirmed its prediction of robust global oil demand growth for 2024, despite lower first-quarter usage,…
EGX closes green on June 11
Egypt’s stock market (EGX) closed green on Tuesday. The main index, EGX30 went up by 0.72 per cent, to 26,082.29…