Featured Houthi attacks in Red Sea rise 500% sparking global shipping crisis Sama Mousa Jan 4, 2024 0 The Houthi attacks in the Red Sea soared by 500 per cent since the outbreak of the war on Gaza, leading to a major…
Featured Companies in KSA warn Aramco fuel price hike to curb earnings Sama Mousa Jan 4, 2024 0 A number of Saudi Arabian companies issued a warning on late Wednesday and Thursday that the fuel price hike by…
Industry & Trade Egypt’s fuel imports fall 11.4% in September Nada Ali Dec 18, 2023 0 Egypt’s petroleum imports decreased 11.4 percent to $1.06 billion in September from $1.2 billion in August, the…
International News Gaza receives only 9% of the aid needed – UNRWA Aya El Sayed Nov 16, 2023 0 Gaza has only received nine percent of the relief needed for the ongoing crisis, according to Tom White, director…
Featured Al Shifa Hospital in Gaza will become mass grave if fuel runs out – UK doctor Nada Ali Oct 24, 2023 0 Hassan Abu-Sita, British-Palestinian doctor working at Al-Shifa Hospital in the Gaza Strip told CNN on Tuesday that…
News Lights go out at Indonesian Hospital in Gaza after Israel cuts fuel Nada Ali Oct 24, 2023 0 The Indonesian hospital in Gaza Strip lost power at dawn on Tuesday after it ran out of fuel completely, sparking…
Industry & Trade France plans to sell fuel below cost to combat inflation Nada Ali Sep 18, 2023 0 The French government intends to temporarily waive a ban on merchants selling fuel below cost, in an effort to…
News Egypt’s fuel subsidies drop 2% YoY in FY2022/23 Sama Mousa Jul 25, 2023 0 Egypt's Petroleum subsidies fell by two percent year on year (YoY) to reach 58 billion Egyptian pounds during the…
News UN asks rich economies to provide $500bln annually for poor nations Sama Mousa Mar 5, 2023 0 António Guterres, UN Secretary General, condemned on Saturday the rich countries' way of controlling poor countries…
News UAE’s ADNOC obtains $425m in H1 profits fueled by higher fuel demand Nada Ali Aug 9, 2022 0 UAE’s ADNOC Distribution announced on Monday its net profit 1.56 billion dirhams ($425 million) for the first half…