Oil prices stopped a 4-day decline and turned to rise at settlement on Thursday evening on expectations of a US interest rate cut next month.

Brent crude futures rose $1.55, or 2.04%, to $77.6 a barrel, while US West Texas Intermediate crude futures…

The Annual Forum of Combating Money Laundering and Terror Financing warned on Thursday against the repercussions of cash economy on the banking sector.

Speaking at the opening of the two-day forum, Acting Governor of the Bank of Lebanon Wissam Manso…

The Ministry of Oil renewed, today, Thursday, its confirmation of Iraq’s seriousness in adhering to voluntary production reduction decisions, confirming the submission of an updated production compensation plan to the OPEC Plus group.

The Ministry sa…

Prime Minister Mohammed Shia Al-Sudani stressed the importance of tax reforms in supporting the non-oil economy.

A statement by the Prime Minister’s Office stated that Al-Sudani chaired today, Thursday, a meeting of the Supreme Committee for Follow-u…

The Ministry of Oil confirmed its commitment to the voluntary production reduction decisions agreed upon within OPEC+.

The Ministry confirmed in a statement, within the framework of the Iraqi Ministry of Oil’s commitment to the decisions of the OPEC+…

The cabinet under Moustafa Madbouli approved on Thursday 22/8/2024 a presidential decree approving a memo of understanding with the EU to boost Egypt’s economy and budget by one billion euros.

The financial assistance aims at easing foreign financing…

The Egyptian Cabinet has greenlit a proposal from the Emirati company Masdar for commencing studies on a solar energy station project capable of generating up to 4 gigawatts.

In addition, they have approved advancing a project by the same company to …