Oil prices rose today, Friday, amid signs of easing inflationary pressures in the United States of America, the world’s largest oil consumer, but are still heading for a weekly decline.

Brent crude futures rose 33 cents, or 0.4 percent, to $85.73 a b…

Oil prices fell during the end of trading, on Thursday, despite the weakness of the dollar after the disclosure of key US inflation data.

The dollar suffered sharp losses this week, with the focus largely shifting towards the upcoming inflation data …

Britain posted a sharp drop in its overall trade deficit in May by some USD 2.96 billion, lowering the figure down to nearly USD 21 billion, government data showed on Thursday.

Britain’s exports had risen in April to some USD 38.1 billion, while impo…

Kuwait’s Minister of Electricity, Water and Renewable Energy and Minister of State for Housing Dr. Mahmoud Bushehri highlighted Kuwait’s investments in renewable and clean energy to raise its percentage of the total produced energy to 30 percent in th…

Japan and Arab ministers agreed, Thursday, to enhance their cooperation in various areas to benefit the development of all parties involved, said the the fifth Japan-Arab Economic Forum.

The fields of interest included industrial development, energy …

The Financial Regulatory Authority (FRA) and the French Development Agency (FDA) have joined hands to strengthen Egypt’s non-banking financial sector in achieving the Sustainable Development Goals (SDGs).

They recently signed a memorandum of understa…

Minister of Electricity and Renewable Energy, Mahmoud Esmat, convened a meeting with the heads of electricity distribution companies throughout Egypt.

The purpose of the meeting was to underscore the significance of enhancing services provided to cit…