Egypt’s Finance Minister Ahmed Kouchouk has outlined a comprehensive plan to bolster the petroleum sector with essential financial resources.

The strategy, unveiled during a recent meeting chaired by Prime Minister Moustafa Madbouly on Tuesday, aims …

Minister of Petroleum and Mineral Resources Karim Badawi has met with Greg McDaniel, Apache Vice President and acting country manager, to discuss the company’s activities and business plan for increasing natural gas production from its concession area…

Minister of Petroleum and Mineral Resources Karim Badawi has met with a delegation from Chevron, one of the largest companies in the world in the energy sector within the framework of the meetings and interviews that the Minister holds with investment…

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…

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…

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…

Ramallah – Ma’an – Tamkeen Insurance Company and Al-Zaytouna Islamic Finance Company signed an agreement to pay insurance policies, according to which Al-Zaytouna Islamic Finance Company provides installment services for the value of insurance policie…