Business

Oil prices decline at settlement

Oil prices fell at settlement at the end of Monday’s trading.

Brent crude futures fell 18 cents, or 0.2 %, to settle at $84.85 per barrel.

US West Texas Intermediate crude also fell 30 cents, or 0.4 %, to reach $81.91 per barrel upon settlement.

Th…

Iraq resumes negotiations to join the World Trade Organization

The Minister of Trade, head of the Iraqi team concerned with joining the World Trade Organization, Athir Al-Ghariri, announced today, Monday, the resumption of negotiations to join the World Trade Organization, after a hiatus that lasted more than 16 …

Oil prices decline with the rise of the dollar

Oil prices fell for the second day in a row with the rise of the dollar amid political uncertainty in the United States.

Brent crude futures fell 55 cents, or 0.7 %, to $84.48 per barrel, after closing 37 cents lower last Friday.

The price of US Wes…

Badawi, UAE Ambassador Explore Investment Opportunities in Egypt

In a meeting with the Minister of Petroleum and Mineral Resources Karim Badawi, the UAE’s Ambassador to Egypt Maryam Al Kaabi said that Egypt is an attractive destination for investments expressing UAE’s desire to strongly invest in the Egyptian oil a…