Egypt’s trade deficit narrows to $2.37b in March ’24
Egypt’s trade deficit fell to $2.37 billion in March 2024 from $3.09 billion in the same month last year, a 23.2…
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Natural gas
Russia to build Uzbek nuclear plant, the first in Central Asia
Russia will construct Central Asia's inaugural nuclear power plant in Uzbekistan, as announced by Uzbek President…
EU approves new rules to establish hydrogen market
The European Council announced on Tuesday the approval of a regulatory package to establish common market rules for…
April sees unexpected decline in German producer prices
German industrial product prices fell by 3.3 per cent in April 2024, compared to the same month in 2023, the…
Shell makes exit from China’s power market businesses – CEO
Shell has exited China's power markets as CEO Wael Sawan steers towards more profitable ventures, notably its…
German prices of imported goods fall by 3.6% in ’23
Germany's import prices fell by 3.6 per cent in March 2024 compared to March 2023 while export prices dipped by 1.0…
Commodity prices to decline by 3% in ’24 – World Bank
The World Bank projects a 3 per cent decline in commodity prices for 2024 and an additional 4 per cent drop in…
Embracing renewables: the economic upswing of green energy ‘24
For many years, the world’s economy has been driven by fossil fuels such as coal, oil, and natural gas; however, a…
Angola aims to re-enter international bond markets in ’24
Angola aims to re-enter the international bond markets this year with a $1 billion bond, Finance Minister Vera…
Oman LNG, TotalEnergies ink supply deal
Oman LNG and TotalEnergies, a significant shareholder, have inked a deal for the supply of 800,000 metric tons per…