Oil prices jumped about three percent as producers assessed the damage to US production in the Gulf of Mexico after Hurricane Francine passed through offshore oil production areas before weakening and turning into a tropical storm.

UPS analysts esti…

Egypt’s Petroleum and Mineral Resources? Minister Karim Badawi has met a host of Egypt’s newly-appointed ambassadors in several countries.

The minister met with the diplomats at the Petroleum Ministry’s headquarters in the New Administrative Capital…

Petroleum and Mineral Resources Minister Karim Badawi met at the Petroleum Ministry’s headquarters in the New Administrative Capital a host of Egypt’s newly-appointed US ambassador to Egypt Herro Mustafa Garg.

The two sides discussed the ways to cem…

Housing, Utilities, and Urban Communities Minister Sherif El Sherbini welcomed Belarusian Ambassador Sergey Terentiev at the Ministry of Housing in the New Administrative Capital to congratulate him on taking over the housing portfolio and to discuss …

The 83rd meeting of the Central Bank Governors Committee of the GCC was held on Thursday in the Qatari capital, Doha.

The Governor of the Qatar Central Bank, Sheikh Bandar bin Mohammed, said in his speech that the wise policies and rational directiv…

Kuwait’s Ministry of Commerce and Industry announced on Thursday the total local non-oil exports of Kuwaiti origin to the world in August amounted to KD 19.1 million (USD 62.5 million) compared to KD 24 million (USD 78 million) in July.

Undersecreta…

Saudi Public Investment Fund is making its way, with sure and steadfast strides, towards achieving Saudi Arabia’s 2030 vision. The fund took major leaps to become the fifth largest sovereign fund in the world.

While the fund was established back in …