S. Arabia oil production expansion halt due to transition – minister
Saudi Arabia plans to reduce its long-term oil production capacity expansion was due to energy transition, Reuters…
EGX closes all green on Feb. 12
Egypt’s stock exchange (EGX) closed in the green area on Monday, with the main index, EGX30 climbing by 1.05 per…
Bugcrowd secures $102 mln for global expansion
Bugcrowd, a cybersecurity startup that crowdsources hackers, secured $102 million in Series E funding to help them…
Top Egyptian women gathering to probe gender equality soon
Top 50 Women Forum has announced on Monday that its Third Egyptian Women’s Summit will take place under the…
Iraq’s output will not exceed 4mln bpd
Iraq is committed to producing no more than 4 million bpd following the announcement of its second voluntary cut in…
Short sellers bet against PBB bank
Short sellers are betting against almost 8 per cent of Deutsche Pfandbriefbank’s (PBB) shares due to concerns about…
IMF confident in world economic outlook
The International Monetary Fund’s chief, Kristalina Georgieva, on Monday expressed confidence in the world economic…
New chlorine plant in Egypt soon
Misr Chemical Industries, Chemical Industries Holding Co, and Energy Cadence signed a collaboration contract to…
EU, Egypt: strong ties amidst global challenges – EU official
EU-Egypt trade has quadrupled over the past 20 years, rising from €8.6 billion to €37.2 billion. Currently, the EU…
Aramco CEO expects rise of oil demand in ’24
Aramco CEO Amin Nasser expected that oil demand would rise to 104 million barrels per day (mbd) this year and 105…
