Bethlehem – Ma’an – Gold prices rose to their highest level after the US Federal Reserve cut interest rates by about half a percentage point.

Spot gold rose 0.9% to $2,592.39 an ounce, while US gold futures rose 0.2% to $2,598.60 at settlement.

Sou…

Minister of Petroleum and Mineral Resources Karim Badawi met with Adnan Zainol Abidin, Chief Operating Officer-(COO) of the Malaysian Petronas Group, to discuss the status of the group’s current investments in Egypt and its plans to increase investmen…

The Department of Economic Relations at the Ministry of Trade discussed with a delegation from the Russian Asia Expo Foundation, the promoter and organizer of the Asia Expo 2024 exhibition, which specializes in storing, transporting and building grain…

Minister of Petroleum and Mineral Resources Karim Badawi met with Adnan Zainol Abidin, Chief Operating Officer-(COO) of the Malaysian Petronas Group, to discuss the status of the group’s current investments in Egypt and its plans to increase investmen…

Prime Minister, Mohammed Shia al-Sudani stressed that there is no alternative but to have capable Iraqi banks that adopt all financial standards to participate in development and building the country.

Al-Sudani stressed, during his meeting with the h…

Oil prices rose on Thursday after a significant cut in US interest rates, while concerns about global demand remained, which limited gains.

Brent crude futures for November delivery rose 36 cents, or 0.5 %, to $74.01 a barrel. West Texas Intermediate…

The CEO of the National Iranian Gas Company, Deputy Oil Minister, Saeed Tavakoli, announced: “Iraq has paid all its debts to Tehran in the gas issue,” indicating: “Iran, Russia and Turkmenistan are holding tripartite negotiations to sign gas contracts…