Business

Investment Minister: Govt. keen on boosting investor support

The Minister of Investment and Foreign Trade, Hassan El-Khatib, announced on Monday 19/8/2024 that the government is actively working to eliminate obstacles facing investors. The ministry aims to maximise the advantages of existing trade agreements an…

Badawi Reviews Developments of Mining Companies in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has reviewed the business of some mining companies working in Egypt, including the Lotus Gold Mining Corporation and Capital Drill Company, and explored their plans for the coming period in addi…

CBK announces new bonds, tawarruq worth KD 240 mln

KUWAIT, The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million).

In a statement to KUNA, the CBK said that the securities bear a 4.375 percent rate with a t…

Oil prices drop

Washington – Ma’an – Oil prices fell in trading on Monday, amid market fears of a decline in demand for black gold from China.

By 09:25 Moscow time, US West Texas Intermediate (WTI) crude futures fell 0.67% to $76.14 per barrel, while Brent crude fut…