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URGENT
URGENT: US CPI up in Jan
US Consumer Price Index (CPI) rose 0.5 per cent in January, up from December’s 0.4 per cent increase, bringing…
URGENT: Egypt’s annual inflation eases in Jan.
Egypt’s annual inflation rate eased to 23.2 per cent in January 2025, down from 23.4 per cent in December 2024, as…
URGENT: Egypt raises private sector minimum wage to EGP 7,000
Under President Abdel Fattah El-Sisi's directives, the National Wages Council announced an increase in the minimum…
US GDP reaches 2.3% in Q4 ’24
US real gross domestic product (GDP) increased at an annual rate of 2.3 per cent in the fourth quarter of 2024,…
UAE billionaire Habtoor cancels investments in Lebanon
Emirati billionaire Khalaf Al Habtoor announced the cancellation of all investment projects his group had planned…
Egypt resumes drilling at Zohr field
The Saipem 10000 vessel arrived on 28 January to begin drilling new wells at the Zohr natural gas field north of…
Drilling operations at Egypt’s Zohr field to begin Jan 28th
The drilling rig for Egypt’s Zohr gas field is set to arrive on January 28 or 29 to resume operations, with…
URGENT: US CPI 0.4% up in Dec ’24
The US Consumer Price Index (CPI) rose by 0.4 per cent in December 2024, following a 0.3 per cent increase in…
Egypt’s largest oil firms secure $1.24b contract from UAE’s ADNOC
Egypt's Engineering for the Petroleum and Process Industries (ENPPI) and Petrojet have secured the largest of three…
BP completes 2 new gas wells in Egypt – ministry statement
BP has successfully completed two additional gas wells in the Raven Field, part of its significant West Nile Delta…