Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…
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Egypt’s Delta North El-Basant–1 drilling operation successful, yields 10 MMcf/d
Egypt has successfully drilled the North El-Basant-1 exploratory well in the Delta, producing around 10 million…
Oman cuts repo rate by 25 bps
The Central Bank of Oman (CBO) reduced its repo rate for local banks by 25 basis points to 4.75 per cent, effective…
China’s retail sales rise in H1 ’25
China’s retail sales grew by 5.0 per cent year-on-year in the first half of 2025, reaching 24.55 trillion yuan,…
China’s ’40 coal cutback falls short, threatens climate
China’s coal consumption, the largest in the world, will decrease by only one-third by 2040, according to a report…
57 areas across Egypt suffer poor connections during April
The National Center for ICT Services Quality Control at the National Telecommunications Regulatory Authority (NTRA)…
US crude rises 1.1%, settling at $53.69, boosted by concerns over Venezuelan crisis
Oil prices rose on Friday as political turmoil in Venezuela threatened to tighten crude supply, but concerns over…
Egypt achieves self sufficiency in gas consumption this year
Egypt's Ministry of Petroleum says that the country achieved self sufficiency in natural gas consumption in…
Egypt to partially cut natural gas subsidies in August
The Egyptian Cabinet decided on Saturday to partially cut subsidies on natural gas for domestic and commercial…
Egypt pays 1.5 bln pounds to install energy-conserving headlights
Egypt's Ministry of Finance stated on Sunday that a disbursement worth 1.5 billion pounds will finance the first…