Egypt exports 251K tons of food in 1 week
Egypt exported 251,000 tons of food products in the week ending May 9, with potatoes and citrus fruits topping the…
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Egypt exports 340K tons of food in 1 week
Egypt exported 340,000 tons of food products in the week ending May 2, with potatoes and citrus fruits topping the…
OPEC+ to raise June output by 411k bpd
OPEC+ agreed to raise oil production by 411,000 barrels per day in June, marking a second consecutive monthly…
GCC states contribute 35% of emerging-market USD debt issued in Q1 ‘25
Gulf Cooperation Council (GCC) countries made up over 35 per cent of all emerging-market (excluding China) US…
Egypt, S.Arabia seek to deepen investment ties amid economic reform push
Egypt’s Minister of Investment Hassan El-Khatib met on Tuesday with Mohammad Al-Tuwaijri, Secretary General of the…
Egypt takes part in BRICS space agency meeting
The Egyptian Space Agency’s (EGSA) CEO Sherif Sedky participated in a meeting of space agency leaders from BRICS…
OPEC+ receives updated output compensation plans from 8 members
The Organisation of the Petroleum Exporting Countries (OPEC+) has received revised oil output compensation plans…
S. Arabia cuts oil prices to Asia
Saudi Arabia lowered May crude oil prices for Asian buyers to a four-month low after OPEC+ unexpectedly announced…
OPEC+ reaffirms commitment to market stability with production adjustment
OPEC+ members Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to…
Petrojet expands international operations, strengthens manufacturing capabilities
Egypt’s Petrojet secured new contracts worth 112 billion Egyptian pounds in 2024—60 per cent of which are outside…