Oil prices extend gains on Wednesday
Oil prices extended gains on Wednesday as reports that the United States may prolong its blockade of Iranian ports…
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UAE
UAE to exit OPEC, OPEC+ on 1 May
The United Arab Emirates announced on Tuesday it will exit the Organisation of the Petroleum Exporting Countries…
Oil prices surge on Thursday
Oil prices surged on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns about…
Gulf stocks soar on US-Iran ceasefire deal
Gulf stock markets surged on Wednesday as global equities rallied after US President Donald Trump agreed to a…
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…
UAE c. bank cuts base rate by 25 basis points
The Central Bank of the UAE (CBUAE) on Wednesday lowered its Base Rate for the Overnight Deposit Facility by 25…
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…
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…
Egypt, UAE strengthen energy cooperation under Global Alliance for Energy Efficiency
Egypt and the United Arab Emirates have agreed to strengthen cooperation on energy efficiency and sustainability as…
Egypt, Fujairah sign 3 oil deals to boost Alamein hub
Egypt and the Emirate of Fujairah signed three agreements to deepen cooperation in oil storage and trade, including…