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,…
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Saudi Arabia
Egypt, Saudi Arabia work to ease truck congestion at Port of NEOM
Egypt is coordinating with Saudi Arabia to resolve congestion involving Egyptian trucks at the Port of NEOM (Duba)…
Oil prices edge higher on Monday
Oil prices edged higher on Monday as renewed US-Iran strikes highlighted the fragility of their interim peace deal…
Oil prices extend losses on Tuesday
Oil prices extended losses on Tuesday as markets assessed the potential resumption of crude flows through the…
Damietta Port moves 5,276 tons through Egypt-Italy Ro-Ro transit line
Egypt's Damietta Port handled about 5,276 tons of cargo through an indirect transit service linking Italy with Gulf…
Oil prices extend gains on Monday
Oil prices extended gains on Monday as Middle East tensions escalated after a reported attack on the Barakah…
OPEC+ agrees 188k bpd output adjustment, reaffirms market stability
OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on 3 May 2026 to adjust…
Egypt non-oil exports rise to $12bn in Q4 2025 – IDSC
Egypt’s non-oil merchandise exports rose 7.1 per cent year on year to $12 billion in the fourth quarter of 2025,…
IMF cuts Saudi growth outlook to 3.1% in 2026 on regional conflict spillovers
Saudi Arabia’s economic growth is expected to slow in 2026 before rebounding in 2027, as regional conflict disrupts…
Oil prices surge on Thursday
Oil prices surged on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns about…