Haier Egypt, a subsidiary of Chinese home appliance giant Haier,, is seeking a $50 million investment to expand its production and increase exports, the company’s Egypt director, Ahmed El-Gendy, said on Monday.

El-Gendy made his remarks during a meet…

Petroleum and Mineral Resources Minister Karim Badawi ordered the formation of an advisory committee to increase the oilfield production and manage petroleum reservoirs.

The minister’s decision aims at achieving sustainability, improving efficiency a…

Ramallah – Ma’an – The Palestinian Distribution and Logistics Company (Wasel) disclosed its business results and consolidated financial statements for the first half of 2024, as the profit attributable to the company’s shareholders amounted to $532,00…

Ramallah – Ma’an – As part of the British Council’s #InBetweenxMomentum initiative, festival directors from Iraq, Lebanon, Morocco, Palestine, Jordan, Tunisia and the UK are coming together during the renowned Edinburgh Festival season to explore the …

Ramallah – Ma’an – Arkan Real Estate disclosed its business results and consolidated financial statements for the first half of 2024, where the profit attributable to the company’s shareholders amounted to $9.2 million compared to $9.7 million for the…

Baghdad, Oil prices stabilized on Tuesday, breaking a five-day winning streak as markets refocused on demand concerns after OPEC lowered its 2024 demand growth forecast yesterday, Monday, due to weak expectations in China.

Brent crude futures fell 30…

Baghdad , Oil prices fell slightly in early trading on Tuesday, ending a five-day winning streak as markets refocused on demand concerns after the Organization of the Petroleum Exporting Countries (OPEC) lowered its 2024 demand growth forecast on Mond…