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URGENT
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…
URGENT: Egypt’s annual inflation drops in Dec ’24
Egypt's annual inflation rate eased to 23.4 per cent in December 2024, compared to 25 per cent in November 2024,…
Egypt, Greece, Cyprus agree on joint green energy projects
President Abdel Fattah El Sisi, during a press conference on Wednesday afternoon with Greek Prime Minister Kyriakos…
Bank of Israel maintains rate at 4.5%
Bank of Israel decided on Monday to maintain the interest rate at 4.5 per cent. Economic activity is recovering at…
Indonesia’s annual inflation up slightly in Dec. ’24
Indonesia's annual inflation rate for December changed slightly to 1.57 per cent.