Featured Egypt’s EGPC chief inspects strategic crude oil storage projects Aya Anwar Jul 13, 2026 0 Egypt's state-owned Egyptian General Petroleum Corporation (EGPC) is accelerating work on strategic crude oil…
Ethereum Egypt’s government reviews strategic petroleum reserves, sector payments Aya Anwar Dec 1, 2025 0 Egypt's Prime Minister, Moustafa Madbouly, held a meeting on Sunday to review the availability of Egypt’s strategic…
Featured Egypt’s petroleum min. inspects EGP 2b refinery upgrades in Alexandria Aya Anwar Sep 28, 2025 0 Egypt’s Petroleum Minister Karim Badawy on Sunday inspected development and modernisation projects worth more than…
Commodities Egypt’s energy needs secured for 5 years, foreign partners’ dues halved: PM Aya Anwar Sep 17, 2025 0 Egypt has secured its natural gas and energy requirements for the next five years and cut outstanding payments to…
Financial Institutions Saudi. Arabia’s GDP grows 3.9% in Q2 2025 Aya Anwar Sep 8, 2025 0 Saudi Arabia’s real Gross Domestic Product (GDP) grew 3.9 per cent in the second quarter of 2025 compared with the…
MENA News S. Arabia’s real GDP sees rises in Q1 ’25 Aya Anwar Jun 10, 2025 0 Saudi Arabia’s real GDP grew by 3.4 per cent in the first quarter of 2025 compared to the same period in 2024,…
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 Egypt approves methane reduction roadmap in oil sector Aya El Sayed Jan 1, 2025 0 The Egyptian Cabinet approved an agreement to develop a roadmap for reducing methane emissions between the Egyptian…
Featured European shares inch up, boosted by commodity stocks Aya El Sayed May 20, 2024 0 European shares saw a slight increase early on Monday, with the pan-European STOXX 600 index rising by 0.1 per cent…
Featured GUPCO starts production at North Safa oil field in Suez Gulf Sama Mousa Jan 2, 2024 0 The Gulf of Suez Petroleum Company (GUPCO) has started oil production from the first well at Safa North Petroleum…
Tech/AI Iraq, UAE’s Crescent launch 3 deals to develop oil and gas fields Sama Mousa Oct 16, 2023 0 Iraq launched three energy contracts with UAE's Crescent Petroleum to develop three oil and gas fields in Iraq,…
Tech/AI ExxonMobil agrees to buy Pioneer in $59.5bln deal Sama Mousa Oct 11, 2023 0 ExxonMobil agreed on Wednesday to buy Pioneer Natural Resources, operating in shale oil industry, in a deal worth…
Tech/AI OPEC+ panel keeps oil output policy unchanged Sama Mousa Aug 6, 2023 0 The OPEC+ ministerial panel met on Friday and decided to keep its current oil production policies unchanged.
Tech/AI Kerry contests promises of making fossils usage climate friendly Norhan Adel May 14, 2023 0 U.S. climate envoy John Kerry challenged oil producers to prove their technological capacities a sufficient…
Tech/AI Egypt expects $8bn investments in oil sector during 2023 Nada Ali Feb 19, 2023 0 Egyptian Ministry of Petroleum is targeting investments of $8 billion in oil and gas sector and expecting Liquefied…
Featured Egypt talks with US companies to pump investments into oil sector Amwal Al Ghad English Mar 8, 2020 0 Egypt’s Minister of Petroleum and Mineral Resources Tarek al-Molla on Saturday met with several officials of US…
Industry & Trade Ministry: Egypt’s tax revenues jump by 55% in Q1 of FY2017/18 Yomna Yasser Oct 17, 2017 0 Tax revenues in the first quarter of the financial year 2017/2018 increased 55 percent to to 88.6 billion pounds…
Industry & Trade $6.8bn to build petrochemical complex in Egypt’s Suez Canal corridor: minister Yomna Yasser Sep 7, 2017 0 Egypt's oil sector will provide numerous job opportunities through building an integrated complex for producing…
Financial Institutions IMF expects ‘breathing space’ in Middle East, Central Asia Yomna Yasser Apr 22, 2017 0 Growing growth outside the troubled oil sector is offering some relief to economies in the Middle East and Central…
Egypt News Egypt to connect 1.2mn households to gas this year: new oil minister Yomna Yasser Sep 19, 2015 0 The oil sector is to adopt a new strategy to increase natural gas delivery rates to 1.2 million homes across Egypt…
Banks C. Bank: Egypt Net FDI Rise to US$4.1 billion Salma Ayman Sep 27, 2014 0 The Central Bank of Egypt (CBE ) announced that net inflow of foreign direct investment (FDI) increased to US$4.1…
Egypt News UAE Willing To Invest In Oil Sector, Choosing Between Current Projects: Minister Amwal Al Ghad English Jul 9, 2014 0 In a surprise visit to the United Arab Emirates (UAE) on Sunday, the ministers of Oil, Finance, and Investment held…
Industry & Trade Egypt Owes USD300mln to UAE Dana Gas: Official Salma Ayman Jun 15, 2014 0 Egyptian Petroleum and Mineral Resources Minister Sherif Ismail said the dues of Dana Gas UAE oil sector reached…
Banks Food Sector Captures Lion’s Share of AUB’s Total Letters of Credit in 2013 Yomna Yasser Dec 23, 2013 0 During 2013, Ahli United Bank (AUB) has opened letters of credit in the amount of US $ 2 billion in favor of the…
Arab Saudi Banks Benefit On Bourse Bounce Amwal Al Ghad English Apr 9, 2012 0 Middle Eastern stock markets rallied in the first quarter of 2012, recovering most of the losses of 2011. But the…