Featured OPEC+ lowers ’24 global oil demand forecast Aya Anwar Oct 15, 2024 0 OPEC+ has revised its global oil demand growth forecast for 2024 downward by 106,000 barrels per day (bpd) to 1.9…
Featured ECB to cut rates as inflation concerns rise – Villeroy Aya El Sayed Oct 7, 2024 0 The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
Featured Hengtong to establish $15m fibre optic cable plant in SCZone Aya Anwar Sep 8, 2024 0 Egypt’s Information Technology Industry Development Agency (ITIDA), Telecom Egypt, and the National…
Featured PIF secures $15b revolving credit facility Aya Anwar Aug 28, 2024 0 The Public Investment Fund (PIF) has secured a $15 billion revolving credit facility for general corporate…
International News Suez secures £1b Manchester recycling contract extension Aya El Sayed Jul 29, 2024 0 Suez SA has secured a £1 billion ($1.3 billion) extension of its waste-recycling contract with the Greater…
Energy Murban Crude trading hits record high in Q2 Aya Anwar Jul 7, 2024 0 Intercontinental Exchange, Inc. announced record trading activity for Murban crude in the second quarter of 2024.
Energy Asia’s PAG raises $550m for clean energy fund Aya El Sayed May 20, 2024 0 Asia-Pacific investment firm PAG announced on Monday that it has raised $550 million for its first renewable energy…
Mining Pertamina to boost exploration activities Aya Anwar Feb 28, 2024 0 Indonesia's Pertamina aims to boost exploration activities in the nation's eastern territories to reinforce…
Featured Egyptian pound rises in parallel market Aya El Sayed Feb 5, 2024 0 The Egyptian pound (EGP) has seen a significant rise in value on the local black market for U.S. dollars (USD),…
Featured Honda plans to build new EV Nada Ali Jan 10, 2024 0 Japan's second-biggest car maker Honda Motor unveiled on Wednesday a new electric vehicle (EV) called the “Honda 0…