Featured Egypt’s oil extractions receive EGP 99.6b investments in 23/24 Aya El Sayed Mar 18, 2024 0 Egypt’s Ministry of Planning and Economic Development unveiled its targets and investments for the petroleum and…
Money Global commodity trading celebrates 2nd-best year ever Aya Anwar Mar 18, 2024 0 The global commodity trading industry celebrated its second-best year ever in terms of profits, amassing over $100…
Featured Aramco’s ’23 profit drops to $121b Aya El Sayed Mar 10, 2024 0 Aramco, the Saudi oil giant, announced on Sunday a $121 billion profit in 2023, down from its record high of $161…
Featured Oil prices drop on worries about interest rate hikes Nada Ali Feb 29, 2024 0 Oil prices fell on Thursday due to concerns about slow demand and the possibility of elevated US interest rates,…
Industry & Trade Egypt’s fuel imports fall to $9.4 bln in first 9 months – CAPMAS Nada Ali Dec 7, 2023 0 Egypt’s fuel imports dropped by $1.5 billion from January to September of 2023 to record $9.4 billion, compared to…
Featured Saudi Arabia signs $15.6bln deals in various sectors with south Korea Nada Ali Oct 23, 2023 0 Saudi Arabia signed more than 50 deals MoUs worth $15.6 billion with South Korea in multiple sectors, including…
The Watch Oil prices 18/09/2023 Sama Mousa Sep 18, 2023 0 The oil prices went up on Monday by a percentage of 0.85 percent to reach a value of $91.54 per barrel.
News Egypt’s GUPCO records $432mln total investment in 2022/23 Nada Ali Sep 12, 2023 0 The Gulf of Suez Petroleum Company (GUPCO) has recorded a total investment of $432 million in field of research,…
The Watch Oil prices 11/09/2023 Sama Mousa Sep 11, 2023 0 The oil prices went down on Monday by -0.65 percent to reach a value of $86.94 per barrel.
Industry & Trade India pays first crude oil payment to UAE in rupees Nada Ali Aug 15, 2023 0 India and the United Arab Emirates made their first-ever historic crude oil payment in local currency, making…