Business

Oil falls for second week, closes at lowest level in a month

WASHINGTON – Ma’an – Oil prices recorded a weekly decline, falling for the second week in a row, as the two benchmark crudes fell by more than 2.5%, after oil prices fell by more than two dollars on Friday, recording at the settlement their lowest lev…

US, European stocks lose ground after global technical glitch

WASHINGTON – Ma’an – US stocks continued to decline on Saturday as chaos linked to a global technical glitch due to a software malfunction added to uncertainty in an already volatile market, while European stocks also fell.

The widespread global tech…

Egyptian Businessmen Association organizes visit to Turkey

The Egyptian Businessmen Association is organizing a visit by a delegation of members to Turkey, to participate in the meetings of the 17th session of the Egyptian-Turkish Business Council, during next September, in coordination with the Ministry of I…

New floating crane joins Egypt’s Suez Canal maritime fleet

A new floating crane has joined the Egyptian Suez Canal maritime fleet on Saturday 20/7/2024.

The Alexandria-based Kased Khair for General Supplies and Contracting Company locally manufactured the floating crane (CC) at the South Korean Shipyard GUES…