Industry & Trade Aker BP makes major North Sea oil discovery Aya Anwar Aug 21, 2025 0 Aker BP and its partners have made one of Norway’s largest oil discoveries in a decade with the Omega Alfa…
Commodities Norway oil, gas investment to hit record in ’25 Aya Anwar Aug 14, 2025 0 Norwegian oil and gas investments are set to hit a record 274.8 billion Norwegian crowns ($26.98 billion) in 2025…
Featured Norway’s $2 trillion wealth fund cuts Israeli investments over Gaza war M.S. Salama Aug 12, 2025 0 Norway's $2 trillion sovereign wealth fund said on Monday it has ended contracts with asset managers handling its…
Egypt News Egypt, Norway discuss global plastics treaty ahead of Geneva talks Aya El Sayed Jul 6, 2025 0 Egypt’s Minister of Environment Yasmine Fouad held a virtual meeting with Norwegian Minister of Climate and…
Egypt News Egypt PM, Norway Min. probe trade, regional stability Aya El Sayed Jun 30, 2025 0 Egypt's Prime Minister Moustafa Madbouly met with Norway’s Minister of International Development, Åsmund Aukrust,…
Egypt News Egypt’s FM hails progress in ties with Norway M.S. Salama Jun 12, 2025 0 Egyptian Foreign Minister Badr Abdel-Aty praised the positive developments in Egypt-Norway relations, both…
Commodities Norway’s oil, gas investment to hit record in ’25 Aya Anwar May 27, 2025 0 Norway’s oil and gas investments are set to reach a record 269.1 billion crowns ($26.62 billion) in 2025, up from…
Energy OPEC+ leaves ’25-26 oil forecast unchanged Aya Anwar Jan 15, 2025 0 OPEC+ forecasts global oil demand to remain unchanged at 1.4 million barrels per day (mb/d) for both 2025 and 2026,…
Featured Finland probes illegal whale meat imports from Norway Aya El Sayed Dec 30, 2024 0 Finnish customs authorities are investigating the illegal import of 36,000 kilograms (79,366 pounds) of minke whale…
Featured Norway holds key rate unchanged at 4.5% Aya El Sayed Dec 19, 2024 0 Norges Bank decided on Thursday to maintain the key policy rate at 4.5 per cent during its 18 December meeting,…
Featured Norway’s Empower to launch industrial solar project in Egypt Aya El Sayed Dec 11, 2024 0 Egyptian President Abdel Fattah El-Sisi witnessed the signing of a contract between Norway's Empower and Majid Al…
Featured Norway’s inflation up in Nov. ’24 Aya El Sayed Dec 10, 2024 0 Norway's inflation rose in November 2024, with the Consumer Price Index (CPI) increasing by 2.4 per cent from…
Featured Norway’s Green Minerals mining plans delayed Aya Anwar Dec 2, 2024 0 Norwegian seabed mining start-up Green Minerals announced a potential delay of up to 12 months in Norway's first…
Initiatives Norway’s SMEs, Mid-Caps to benefit from €190m EIB-DNB green fund Aya El Sayed Nov 21, 2024 0 The European Investment Bank (EIB) Group and Norway’s DNB Bank ASA have partnered on a NOK 2.2 billion (€190…
Initiatives Norway pledges $50m to ADB’s climate action catalyst fund Aya El Sayed Nov 20, 2024 0 Norway has committed up to $50 million to the Asian Development Bank's (ADB) Climate Action Catalyst Fund (CACF), a…
Featured Nordic power prices fall on stronger hydro conditions Aya El Sayed Nov 11, 2024 0 Nordic power prices declined sharply as rainy autumn weather bolstered hydro reserves across Scandinavia, improving…
International News Norway’s jobless rate steady at 4% in August ’24 Nada Ali Sep 26, 2024 0 Norway's labour market continued to display resilience in August 2024, maintaining a low unemployment rate and a…
Featured Norway’s economic activity projected to rebound in ’24 – IMF Aya El Sayed Sep 19, 2024 0 Norway’s economic activity is projected to rebound in 2024, with real GDP growth expected to rise to 1.5 per cent,…
Featured China, Norway strengthen green energy cooperation Aya El Sayed Sep 9, 2024 0 China has expressed its willingness to enhance "friendly" cooperation with Norway, particularly in areas such as…
Banks Philippines posts $1.38b net foreign investment inflow in July Nada Ali Sep 1, 2024 0 The Philippines received a net inflow of $1.38 billion in foreign investments, as reported by the central bank.
Featured Norway’s wealth fund allocates €900m to CIP renewables Aya El Sayed Aug 26, 2024 0 Norway’s $1.7 trillion sovereign wealth fund has announced a €900 million ($1 billion) investment in Copenhagen…
Featured Norway’s sovereign fund reports $138b profit in H1 ’24 Aya El Sayed Aug 14, 2024 0 Norway's $1.7 trillion sovereign wealth fund, the world's largest, reported a profit of 1.48 trillion Norwegian…
Featured Norway’s wealth fund falls behind climate targets Aya El Sayed Apr 29, 2024 0 Norway’s $1.6 trillion sovereign wealth fund, the largest in the world, is under scrutiny for its failure to meet…
Energy Europe’s clean energy hits 60% in early 2024 Aya El Sayed Mar 26, 2024 0 Europe hit a new milestone in clean energy usage, with 60 per cent of its electricity coming from renewable sources…
Featured European gas prices up amid supply cuts, tensions Aya El Sayed Mar 18, 2024 0 European natural gas prices saw a four-day gain, the longest since January, driven by supply cuts from the Freeport…
Stocks Dollar remains steady on Monday Nada Ali Mar 18, 2024 0 The dollar remained stable on Monday as traders anticipated a week filled with central bank meetings worldwide.
Stocks Asian shares rise on positive Chinese data Nada Ali Mar 18, 2024 0 Asian shares rose on Monday as Chinese data exceeded expectations, while investors braced for a series of central…
News Norway’s core inflation drops in Feb. Nada Ali Mar 11, 2024 0 Norway's core inflation rate dropped to an 18-month low in February, Reuters reported on Monday, citing Statistics…
Industry & Trade India reaches $100b deal with EFTA after 15 yrs Nada Ali Mar 10, 2024 0 India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland, and Liechtenstein,…
Featured Norway oil firms plan 3-year push for Arctic gas Sama Mousa Jan 17, 2024 0 Norway’s oil companies are planning a three-year ramp up in natural gas exploration in the Barents Sea, Reuters…
Money Shell Egypt appoints Dalia El Gabry as new VP, country chair Nada Ali Dec 14, 2023 0 Shell plc appointed Dalia El Gabry as the new Vice President and Country Chair for Shell Egypt, effective from…
Banks Norway’s wealth fund earns $143 bln in H1 of 2023 Nada Ali Aug 16, 2023 0 Oil producer Norway’s sovereign wealth fund, the world’s largest single stock market investor recorded a profit of…
Tech news Norwegian Datatilsynet fines Meta over privacy breaches Yassmine Elbehnaihy Jul 17, 2023 0 Meta has been fined $100,000 per day from August 4 to November 3 over privacy breaching unless it takes remedial…
Citizen Journalism The world needs 131 years to close gender gap – WEF Yassmine Elbehnaihy Jun 25, 2023 0 The progress of achieving gender equality would span across at least 131 years, or until 2154, the Global Gender…
Tech/AI Egypt, Norway sign deal for new $450 mln green methanol production plant Nada Ali May 15, 2023 0 Egypt’s Prime Minister Moustafa Madbouly has witnessed on Sunday the signing ceremony of a new green methanol…
Featured Get to know McDonald’s 7 most unique restaurants in the world Nada Ali Apr 4, 2023 0 McDonald's located on the banks of the Nile in the Egyptian city of Aswan, this McDonald's restaurant has…
International News Norwegian Arctic area to be evacuated due deadly avalanches Norhan Adel Apr 2, 2023 0 Norwegian police announced on Saturday plans to evacuate several parts of the Arctic municipality of Tromsoe…
Money Europe’s natural gas prices slump to 18-month low Nada Ali Feb 19, 2023 0 European’s natural gas prices have tumbled to their lowest level in nearly 18 months, which shows that the region…
International News Elon Musk: world civilisation still needs oil, gas Nada Ali Aug 29, 2022 0 Billionaire Elon Musk said on Monday the world needs to continue extracting oil and gas in order to sustain…
Money Scatec, Yara, Acme sign deal for green ammonia sale from Oman Nada Ali Jul 20, 2022 0 Geneva’s ACME group, Scatec ASA, and Yara International ASA have signed on Friday a term sheet for offtake from the…