The Ministry of Petroleum and Mineral Resources has recently initiated a fresh global bidding process for 2024 through the Egyptian Natural Gas Holding Company (EGAS).

This bidding aims to explore natural gas and crude oil in 12 sectors across the Me…

Prime Minister Mostafa Madbouly issued a decree to reappoint Ahmed Elsheikh as the Egyptian Stock Exchange’s (EGX) chairman and Heba ElSerafi as the vice chairman for a one-year term, starting 26 August.

Elsheikh was appointed chairman of the EGX on …

About 36,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.

In a statement, the RSPA said imports included 5,000 tons of goods, 432 trucks and 96 cars, while the exports included 31,00…

The Egyptian Natural Gas Holding Company (EGAS) on Tuesday announced launching a new International Bid Round for Oil and Gas Exploration for the year 2024 in 12 blocks in the Mediterranean and Nile Delta, according to the Ministry of Petroleum and Min…

Oil prices fell slightly, today, Tuesday, after rising by more than seven percent in the previous three sessions, against the backdrop of supply concerns.

Brent crude futures fell 36 cents, or 0.4 percent, to $ 81.07 a barrel, and US West Texas Inter…

Minister of Finance Taif Sami chaired today a coordination meeting with the international auditing and oversight firm Ernst and Young, to follow up on the ongoing technical plans to merge and organize the work of Rafidain and Rashid Banks and insura…

Oil prices fell in early Asian trading on Tuesday, after rising in the previous three sessions.

Brent crude futures fell by 32 cents, or 0.39 %, to $81.11 a barrel by 01:45 GMT, while US West Texas Intermediate crude futures fell by 36 cents, or 0.46…