Oil prices rise on Thursday
Oil prices edged higher on Thursday as investors remained cautious over the outcome of Iran-Oman talks on restoring…
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Red Sea
Oil prices ease on Tuesday
Oil prices edged lower on Tuesday, hovering near one-week lows as hopes for a diplomatic resolution between the…
Oil prices slide over 6% on Monday
Oil prices fell more than 6 per cent on Monday after the United States and Iran paused military strikes over the…
Egypt’s Sokhna Trans Cargo terminal handles first vessels after commercial launch
Egypt's Trans Cargo general cargo terminal at Sokhna Port received its first commercial vessels on Sunday after…
Saudi Arabia weighs East-West oil pipeline expansion
Saudi Arabia is considering expanding the capacity of its East-West crude oil pipeline to the Red Sea coast,…
Egypt discusses boosting maritime cooperation with Maersk
Egyptian Prime Minister Mostafa Madbouly discussed strengthening maritime transport and logistics cooperation with…
Maersk, Hapag-Lloyd return AE15 service to Suez Canal route
Maersk and Hapag-Lloyd have announced a structural return to the Suez Canal route for their AE15 service under the…
Egypt, UAE firms discuss expanding petroleum investments
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, discussed on Tuesday plans to expand UAE…
Egypt, Alcazar Energy sign $420 mln agreement for 580 MW Gabal El Zeit wind farm
Egypt signed on Monday development, operation, and power purchase agreements for the 580-megawatt Gabal El-Zeit…
Sisi meets CMA-CGM chief at Africa-France Summit
Egyptian President Abdel Fattah El-Sisi met Rodolphe Saadé, Chairman of French shipping group CMA CGM, on Tuesday…