Modern Gas signs SAR 24m Saudi gas network deal
The Egyptian Natural Gas Company Modern Gas signed a SAR 24 million agreement with Talaat Moustafa Group to execute…
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Saudi Arabia
Egypt’s Suez Canal Authority, Saudi Ports Authority explore expanded maritime…
Egypt’s Suez Canal Authority (SCA), headed by Osama Rabie, met on Sunday with Suliman bin Khalid Al-Mazroua,…
Egyptian Drilling Company wins first Kuwaiti contract with KOC
The Egyptian Drilling Company (EDC) secured a landmark contract in Kuwait to operate a 1,500-horsepower drilling…
Egypt exports 220,000 tons of food in week – NFSA
Egypt exported 220,000 tons of food products last week, with Saudi Arabia and Sudan among the leading importers,…
Oil prices hold steady on Tuesday
Oil prices held steady on Tuesday after a more than 2 per cent rise in the previous session, as markets weighed…
Saudi c. bank cuts repo, reverse repo rates by 25 basis points
Saudi Arabia’s central bank (SAMA) on Wednesday reduced the Repurchase Agreement (Repo) rate by 25 basis points to…
Egypt’s non-oil exports jump 19% in first 10 months of 2025 as trade deficit narrows
Egypt’s non-oil exports rose 19 per cent to $40.614 billion in the first ten months of 2025, while the trade…
Oil prices rise on Thursday
Oil prices rose on Thursday after easing oversupply concerns, following a two-week low in the previous session.…
OPEC+ to cut output by 137k bpd in December
The Organisation of the Petroleum Exporting Countries (OPEC+) decided to implement a production adjustment of 137…
Egypt’s non-oil exports jump 21% in first 9 months of 2025 -GOEIC
Egypt’s non-oil exports rose 21 per cent to $36.64 billion in the first nine months of 2025 from $30.36 billion a…