Basra Heavy and Medium crude prices recorded a decline this morning, Wednesday, despite the global rise.

Basra Heavy crude prices fell by $1.36 to reach $67.21, and Medium crude prices fell by $1.36 to reach $70.21.

Oil prices rose, amid fears that …

The Iraqi-Turkish Joint Planning Group discussed the framework agreement concluded following the visit of Turkish President Recep Tayyip Erdogan to Iraq.

A statement by the Ministry of Foreign Affairs stated that the Undersecretary of the Ministry fo…

Egypt’s real gross domestic product (GDP) grew 2.4 per cent during the period from July 2023 to March 2024, compared to 4.1 per cent in corresponding period last year, a central bank report showed on Wednesday2/10/2024.

According to the Central Bank …

The Egyptian Cabinet has greenlit a proposal to establish a private free zone named Kingdom for Flax, with an estimated investment of $60 million.

This project, situated in the Developers Zone of Sadat City in the Monufia Governorate, will focus on f…

The cabinet voiced deep concerns about the ongoing developments in Lebanon.

It asserted Egypt’s full solidarity with the Lebanese government and people, pledging to exert all needed efforts to maintain stability, unity of lands and sovereignty of Leb…

Egypt is a magnet for many investment opportunities that are up for grabs by French businesspeople, said chairman of the Suez Canal Economic Zone (SCZONE) Walid Gamaleddin on Wednesday 2/10/2024.

Addressing a session on ‘Doing Business in Egypt: Chal…

The total revenues of the 2024-2025 state budget has increased by 87 billion pounds during July and August, reaching 294 billion pounds.

This is a 42% rise on the same period of the fiscal year 2023-2024, during which revenues totaled 206.8 billion p…