Oil prices firm on optimism over declining stocks
Oil prices firmed on Wednesday to hold near eight-week highs hit in the previous session, on expectations of a…
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Oil prices drop after report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the…
LG launches new production line in Egypt
South Korea's LG Electronics has launches a new production line for washing machines in the 10th of Ramadan City in…
Egypt planning 200% surge in rice production, says Supply Ministry
Egypt's Minister of Supply and Internal Trading said that Egypt targets rising rice production by 200 percent…
National Bank of Egypt loans ACC 231M pounds for a coal mill
Egypt's Arabian Cement Company (ACC) received Tuesday a seven-year loan worth 231 million Egyptian pounds from…
Toyota to launch Fortuner model in Egypt, investments hit $8.5mn
Toyota Egypt, in partnership with Arab Organisation for Industrialization (AOI), on Monday launched a line for…
Egypt to double high-quality cotton production and export
Egypt aims to double production of its most famous export, the silky soft cotton once known as "white gold", after…
Qatar shows mettle, offers compromise as Gulf states prepare meeting
Qatar announced plans for a steep rise in Liquified Natural Gas (LNG) production capacity on Tuesday that…
Oil prices fall on OPEC supply rise, but political risk supports
Oil dipped on Wednesday, pulled down by another rise in OPEC supplies despite a pledge to cut production, but…
Oil prices rise for sixth session, buoyed by US output decline
Crude oil futures rose for a sixth consecutive session on Thursday, as a decline in U.S. production underpinned…