Prime Minister Moustafa Madbouli has stressed the importance of the role played by the Investment and Foreign Trade Ministry in attracting more foreign direct investments (FDIs) and encouraging the private sector in order to maximise State potentials …

Minister of Housing, Utilities and New Urban Communities Sherif el Sherbini said on Sunday 7/7/2024 that President Abdel Fattah El Sisi issued directives to increase construction progress rates in projects in the new Alamein City due to the importance…

The Central Bank of Egypt (CBE) revealed on Sunday 7/7/2024 that Egypt’s net international reserves (NIRs) rose to around $46.383 billion at the end of June, an increase of $258 million compared to May’s $46.126 billion.

According to its latest repor…

In the first quarter (Q1) of 2024, Egypt’s non-oil trade balance deficit experienced a significant decrease of 22.9 percent, reaching approximately $6.4 billion.

This marks a notable improvement compared to the deficit of $8.3 billion reported during…

Riyadh: The Saudi Stock Exchange main index ended trading higher today, gaining 29.95 points to close at 11688.61 points.

The total value of trading reported was SAR3.9 billion.

The Saudi Parallel Market Index (NOMU) ended the day by gaining 244.80 …

The Parliamentary Finance Committee confirmed the continuation of coordination and communication between the federal government and the Kurdistan region to resume oil exports through the Turkish port of Ceyhan.

The Vice-Chairman of the Committee, Ikh…

Basra Heavy crude oil recorded slight losses, while medium crude oil recorded slight gains during the past week, with global oil recording gains for the fourth week in a row.

Basra Heavy crude closed in its last session yesterday, Friday, with a decl…