Oil flow through Red Sea falls by 50% in ’24 – EIA
Oil flows through the Bab el-Mandeb Strait, a key chokepoint at the Red Sea's southern entrance, have fallen by…
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Saudi Arabia
Egypt’s food exports down 28.5% in week
Egypt’s food exports reached 143,000 tons in the week through October 11, marking a 28.5 per cent decline from the…
Private equity investments surge in the Middle East
Private equity and venture capital investments in the Middle East have seen significant growth in 2024, focusing on…
Al Majed for Oud soars in Saudi IPO
Al Majed for Oud Co., a Saudi Arabia-based perfume maker, surged by the maximum limit in its Riyadh stock market…
Egypt’s food exports jump 6.3% in latest week
Egypt’s food exports reached 200,000 tons in the week through October 4th, marking a 6.3 per cent surge from the…
Oil up on Wednesday
Oil prices surged over $1 on Wednesday due to escalating Middle East tensions following Iran's military strike on…
Egypt’s food exports up by 13.2% last week
Egypt’s food exports reached 188,000 tons in the week through September 27, marking a 13.2 per cent surge from the…
Egypt’s Elsewedy Electric subsidiary to develop $1b power station in S. Arabia
Egypt's El Sewedy Electric company announced that one of its engineering and construction subsidiaries will take…
Aramco, CNBM sign strategic collaboration agreement
Aramco and China National Building Material Group Co., Ltd. (CNBM) have announced a strategic five-year Cooperation…
Fitch Ratings: Qatar’s DCM to remain stable amid debt repayment
Qatar’s debt capital market (DCM) is set to remain stable as the government continues to repay debt, Fitch Ratings…