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Business
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Economy
11/30/2023 2:08:17 PM
Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy as they headed into virtual meetings Thursday in a bid to halt a continuous slump in prices.
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Business
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Economy
11/26/2023 4:23:11 PM
Egypt's Minister of Supply and Internal Trade Ali Moselhi revealed on Sunday that merchants would be given a ten-day period to regulate prices, or else the government may “resort to forced pricing measures.”
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Business
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Energy
11/14/2023 2:15:55 PM
World oil demand will rise slightly more than expected this year as China's appetite for the fossil fuel hit a record and Israel's war in Gaza did not hit supply flows, the International Energy Agency said Tuesday.
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Business
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Economy
11/2/2023 8:10:22 PM
The Egyptian Cabinet increased the reference local wheat procurement price from EGP 1,500 to EGP 1,600 per ardeb (150 kg) for the new harvest season to incentivize farmers to supply to the state, according to a statement on Thursday.
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World
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War in Ukraine
11/2/2023 5:21:41 PM
The United States announced sanctions Thursday on individuals and companies it accused of abetting Russia's war against Ukraine, targeting entities in Turkey, China and the United Arab Emirates in a bid to disrupt Moscow's supply chains.
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Business
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Economy
10/31/2023 6:13:16 PM
The state-owned Egyptian Chemical Industries Company (KIMA) reported a decline in natural gas supplies, according to a bourse statement on Tuesday.
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Business
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Economy
10/30/2023 1:40:36 PM
Egypt's Ministry of Supply and Internal Trade issued on Sunday a new resolution prohibiting engaging in exporting, importing, or trade of precious metals, including gold, without a permit from the Assay and Weights Administration (AWA).
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Business
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Economy
10/24/2023 1:40:21 PM
The Egyptian Authority for Unified Purchasing (UPA) is supplying Zambia with a total value of $24 million of pharmaceutical supplies, according to a statement by the Cabinet on Tuesday.
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Business
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Energy
10/23/2023 8:25:16 PM
Qatar has agreed to supply Italian firm Eni with natural gas for 27 years, the Gulf emirate's state-owned energy company announced Monday, the latest in a series of major deals.
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Business
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Economy
10/23/2023 6:39:19 PM
The Ministry of Supply and Internal Trade launched on Monday a mega project to establish 17 green food hubs across Egypt in collaboration with the Ministry of International Cooperation, the Internal Trade Development Authority (ITDA), and the French Development Agency (AFD).
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Business
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Energy
10/21/2023 3:13:43 PM
Israel's escalating war on Gaza and fears of an imminent ground invasion could further strain global oil and gas supplies, already disrupted by the war in Ukraine, experts have warned.
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Life & Style
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Health
10/17/2023 11:35:25 AM
A lack of clean water in the Gaza Strip, currently under deadly Israeli attacks, is raising major concerns for human health.
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War on Gaza
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War on Gaza
10/16/2023 11:00:06 PM
Hospitals in Gaza faced collapse Monday as water, power, and medicine neared depletion, and hundreds of thousands of Palestinians searched for dwindling food supplies while Israel maintained punishing airstrikes in retaliation for last week's attack page by Hamas.
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War on Gaza
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War on Gaza
10/16/2023 3:35:00 PM
The Ministry of Interior in Gaza sounded alarm bells on Monday afternoon about the severe drinking water crisis facing Palestinians in the besieged Gaza Strip refuting earlier Israel's claims that that it resumed water supplies to the southern parts of the strip.
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Business
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Economy
10/16/2023 3:32:21 PM
Egypt’s Ministry of Supply and Internal Trade announced it has purchased 250,000 tons of rice to support Egypt’s strategic rice reserves for six months, read a ministry statement on Sunday.
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War on Gaza
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War on Gaza
10/15/2023 7:40:48 PM
Israel resumed the water supply to southern Gaza, Energy Minister Israel Katz said Sunday, as one million people have evacuated the north of the Strip to escape a massive air assault.
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Business
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Economy
10/9/2023 10:04:48 AM
Oil prices rallied while the dollar and yen advanced Monday as Israeli forces bombarded Gaza after Hamas launched a shock attack on Israel at the weekend, sparking fresh concerns about tensions in the Middle East.
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World
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Region
10/9/2023 12:16:53 AM
The UN's World Food Programme said Sunday it was "deeply concerned" about the impact of war between Israel and Hamas on civilians struggling to get essential food supplies.
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World
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Region
10/7/2023 9:02:08 PM
Israel ordered its state-run electricity company to halt supply to the Gaza Strip on Saturday after Palestinian militant group Hamas launched a surprise attack on Israel, the energy minister said.
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World
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International
10/5/2023 11:29:00 AM
Israel has quietly helped fuel Azerbaijan’s campaign to recapture Nagorno-Karabakh, supplying powerful weapons to Azerbaijan ahead of its lightening offensive last month that brought the ethnic Armenian enclave back under its control, officials and experts say.
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