Featured Saudi Arabia weighs East-West oil pipeline expansion Aya Anwar Jul 8, 2026 0 Saudi Arabia is considering expanding the capacity of its East-West crude oil pipeline to the Red Sea coast,…
Featured Damietta Port moves 5,276 tons through Egypt-Italy Ro-Ro transit line Aya Anwar Jun 11, 2026 0 Egypt's Damietta Port handled about 5,276 tons of cargo through an indirect transit service linking Italy with Gulf…
Industry & Trade OPEC+ agrees 188k bpd output adjustment, reaffirms market stability Aya Anwar May 3, 2026 0 OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…
Editors' Picks IMF sees Kuwait economy contracting 0.6% in 2026 Yomna Yasser Apr 14, 2026 0 Kuwait’s economy is expected to contract in 2026 before returning to growth in 2027, as regional conflict disrupts…
Commodities Oil prices surge on Thursday Aya Anwar Apr 9, 2026 0 Oil prices surged on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns about…
Commodities Oil prices rise over 15% on Monday Aya Anwar Mar 9, 2026 0 Oil prices rose more than 15 per cent on Monday to their highest levels since mid 2022 as supply cuts by major…
Featured Egyptian Drilling Company wins first Kuwaiti contract with KOC Aya Anwar Jan 28, 2026 0 The Egyptian Drilling Company (EDC) secured a landmark contract in Kuwait to operate a 1,500-horsepower drilling…
Featured Egypt wins 2 OAPEC scientific research awards Aya Anwar Dec 14, 2025 0 Egypt won two Scientific Research Awards for 2024 at the 115th Ministerial Meeting of the Organisation of Arab…
Money Kuwait c. bank cuts rates by 25 basis points Aya Anwar Dec 11, 2025 0 The Central Bank of Kuwait (CBK) on Wednesday cut the discount rate by 25 basis points to 3.50 per cent, effective…
Commodities OPEC+ to cut output by 137k bpd in December Aya Anwar Nov 3, 2025 0 The Organisation of the Petroleum Exporting Countries (OPEC+) decided to implement a production adjustment of 137…
Banks Kuwait cuts discount rate by 25 bps Aya Anwar Sep 18, 2025 0 Kuwait’s Central Bank cut the discount rate by 25 basis points to 3.75 per cent, effective Thursday, in response to…
Editors' Picks Carrefour exits Arab markets from Jordan to Kuwait, as Majid Al Futtaim bets on HyperMax Dina Abdel Fattah Sep 17, 2025 0 The Middle East retail landscape has undergone one of its most significant shifts in recent years, following Majid…
Banks Bangladesh’s remittances 8.90% in August Nada Ali Sep 2, 2025 0 Remittances from Bangladeshis living and working abroad rose 8.90 per cent year-on-year in August to $2.42 billion,…
Egypt News Egypt ranks 2nd in world tilapia exports in ’24 – FEC Nada Ali Sep 1, 2025 0 Egypt maintained its position as the world’s second-largest exporter of fresh or chilled tilapia fish in 2024, with…
Egypt News Egypt seeks stronger agricultural ties with Kuwait Aya El Sayed Sep 1, 2025 0 Egypt is courting Kuwaiti investment in its agricultural sector as Cairo looks to strengthen regional partnerships…
Egypt News Egypt, Kuwait FMs discuss Gaza, bilateral cooperation M.S. Salama Aug 25, 2025 0 Egyptian Foreign Minister Badr Abdel-Aty met Kuwaiti Foreign Minister Abdullah Ali Al-Yahya on Monday on the…
Egypt News Egypt in talks to register firms with Kuwait’s tender authority Nada Ali Jul 22, 2025 0 Egypt is seeking to have its companies registered with Kuwait’s Central Agency for Public Tenders to allow them to…
Banks Egypt, Kuwait discuss CBE deposit monetisation Nada Ali Jul 22, 2025 0 Egypt and Kuwait are considering converting the Kuwaiti deposit at the Central Bank of Egypt (CBE) into direct…
Egypt News Egypt seeks Kuwaiti port, logistics investments Nada Ali Jul 22, 2025 0 Egypt is seeking to attract more Kuwaiti investments into its maritime and dry ports, logistics hubs, and…
Egypt News Egypt’s Social Insurance Authority wins Sharjah Award for Pension Fund Management Nada Ali May 28, 2025 0 Egypt’s National Organisation for Social Insurance (NOSI) has received the Excellence Award in Management of…
Featured EDC eyes further Gulf expansion Aya Anwar May 19, 2025 0 Egyptian Drilling Company (EDC) is pushing to expand in Gulf markets after strong performance in Saudi Arabia and…
Industry & Trade Egypt-Arab trade volume rises in ’24 – CAPMAS Nada Ali May 18, 2025 0 Trade volume between Egypt and Arab countries increased 16 per cent to record $30.5 billion in 2024, compared to…
Money GCC states contribute 35% of emerging-market USD debt issued in Q1 ‘25 Aya Anwar Apr 30, 2025 0 Gulf Cooperation Council (GCC) countries made up over 35 per cent of all emerging-market (excluding China) US…
Commodities OPEC+ receives updated output compensation plans from 8 members Aya Anwar Apr 16, 2025 0 The Organisation of the Petroleum Exporting Countries (OPEC+) has received revised oil output compensation plans…
Featured Egypt’s Al Mashat, OPEC fund chief discuss cooperation Aya El Sayed Apr 13, 2025 0 Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al Mashat held a meeting…
Commodities OPEC+ reaffirms commitment to market stability with production adjustment Aya Anwar Apr 6, 2025 0 OPEC+ members Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to…
Featured Petrojet expands international operations, strengthens manufacturing capabilities Aya Anwar Mar 26, 2025 0 Egypt’s Petrojet secured new contracts worth 112 billion Egyptian pounds in 2024—60 per cent of which are outside…
Financial Institutions Fitch Ratings: Kuwait’s liquidity law boosts fiscal flexibility Aya Anwar Mar 20, 2025 0 Kuwait’s approval of a long-delayed financing and liquidity law is expected to improve fiscal flexibility and…
News Kuwait’s Emir receives Egypt’s PM to discuss bilateral ties, regional issues M.S. Salama Feb 23, 2025 0 Kuwait's Emir, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, received Egyptian Prime Minister Mostafa Madbouly on…
Money Kuwait gears up to return to intl. debt markets Aya Anwar Feb 10, 2025 0 Kuwait is preparing to return to international debt markets soon, Finance Minister Noora Al Fassam said on Monday.
Egypt News Egypt’s c. bank hosts FSB’s RCG MENA meeting Nada Ali Feb 5, 2025 0 The Central Bank of Egypt (CBE) - Co-chair of the Regional Consultative Group for the Middle East and North Africa…
Egypt News Egypt, Kuwait discuss expanding trade, investment relations Nada Ali Feb 4, 2025 0 Egypt's Minister of Investment and Foreign Trade Hassan El Khatib and Kuwait's Prime Minister Sheikh Ahmed Abdullah…
Featured Egyptian-Kuwaiti Ministerial Trade Committee launches 1st session Aya El Sayed Feb 3, 2025 0 Egypt and Kuwait signed the minutes of the first session of the Joint Egyptian-Kuwaiti Ministerial Trade Committee,…
Featured Egypt, Kuwait discuss strategic ties, regional stability M.S. Salama Feb 2, 2025 0 Egypt's President Abdel Fattah El Sisi has reiterated the depth of strategic relations between Egypt and Kuwait,…
Initiatives Egypt NGOs receive EGP14.5b in grants in ’24 Aya Anwar Jan 9, 2025 0 Egypt's Ministry of Social Solidarity has approved 1,637 grants for non-governmental organisations (NGOs) in 2024,…
Featured World Bank: GCC region economic growth to accelerate by ’26 Aya Anwar Dec 1, 2024 0 Economic growth in the Gulf Cooperation Council (GCC) region is forecast to reach 1.6 per cent in 2024, with a…
Featured Talabat to sell 15% stake in Dubai IPO Aya Anwar Nov 11, 2024 0 Talabat Holding, the Middle East arm of Delivery Hero, announced plans to sell 3.49 billion shares, representing a…
Featured Egypt, Kuwait sign MoU to boost industrial export development Aya Anwar Sep 12, 2024 0 Egypt and Kuwait have strengthened their economic ties with the signing of a Memorandum of Understanding (MoU)…
Energy Japan’s crude oil imports up in July Aya Anwar Sep 1, 2024 0 Japan's crude oil imports in July reached 10,050,845 kiloliters (kl), marking a substantial 101.2 per cent increase…
Energy Qatar to sign 15-year LNG supply deal w/ Kuwait Aya Anwar Aug 26, 2024 0 Qatar is poised to sign a new deal to supply liquefied natural gas (LNG) to Kuwait for 15 years. This marks Qatar's…