Low oil prices lure Chinese refiners to top off supplies
Chinese refiners are actively scheduling crude oil cargoes for delivery in March and April to top off supplies.
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ETA to finalise tax disputes for enterprises with less than EGP10M revenues
Egypt will resolve all tax disputes for enterprises with annual revenue under 10 million Egyptian pounds by June.
Shell to sell onshore oil business in Nigeria for $1.3bln
Shell Plc agreed to sell its Nigerian onshore oil assets for $1.3 billion to a group of local companies, known as…
Oil prices steady in early Tuesday trade
Oil prices were steady in early Tuesday trade. Brent crude rose by 0.56 per cent, or 0.44 cents, to trade at $…
China’s top real estate developer anticipates weak market in ’24
Country Garden, China’s top real estate developer anticipates the Chinese real estate market to remain weak in…
EGX closes up for 2nd straight day on Jan. 15
Egypt’s stock market closed on a green note for the second day straight on Monday. The main index EGX30 rose by…
Africa’s largest oil refinery begins production in Nigeria
Africa’s biggest oil refinery had begun production in Nigeria, ending the long wait for planet according to…
Japanese companies predict China’s economy to remain grim
Japanese companies in China predict that the Chinese economy will remain grim this year, according to Japanese…
S. Arabia’s inflation drops to 1.5% in December
Consumer Price Index (CPI) showed that the country’s annual inflation rate slightly declined by 1.5 per cent.
Oil up in early Monday trade
Oil prices rose in early Monday trade. Brent crude went up by 0.20 per cent, or 0.16 cents to reach $78.45 a barrel…