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Business
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Economy
2/11/2021 12:16:17 PM
Dana said the impairment came amid a sharp decline in oil prices and negative effects as a result of the COVID-19 pandemic
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Business
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Economy
1/5/2021 6:09:35 PM
For MENA region, the report projected the economic activity to recover modestly to 2.1 percent in 2021, reflecting the lasting damage from the pandemic and low oil prices
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Business
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Economy
12/27/2020 12:51:13 PM
Fitch Solutions expects debt in Gulf States to rise sharply as efforts are elevated globally to transition to a green economy
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World
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Region
12/14/2020 2:33:08 PM
A priority of the new gov’t will be to boost state coffers badly hit by the coronavirus crisis and low oil prices, including by trying to end legislative deadlock over a bill that would allow Kuwait to tap int’l debt markets
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Business
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Economy
12/2/2020 12:26:15 PM
Positive news on coronavirus vaccines and the fading of uncertainty regarding the US elections helped global markets performance in late November
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World
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Region
11/23/2020 6:49:15 PM
Brent crude rose 58 cents to $45.54 a barrel by 1435 GMT while U.S. West Texas Intermediate crude gained 35 cents to $42.77 a barrel. Both benchmarks jumped 5% last week
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World
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International
11/9/2020 4:31:57 PM
He spoke as European stock markets and oil prices jumped on the vaccine announcement
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Al-Ahram Weekly
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World
11/3/2020 11:39:10 PM
The Covid-19 pandemic and declines in global oil prices will put further pressure on Gulf economies, writes Ahmed Mostafa
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World
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Region
10/27/2020 8:56:18 PM
Diesel will be sold at 46 Sudanese pounds ($0.8364) per litre, and petrol will be sold at 56 pounds per litre
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World
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Region
10/26/2020 7:08:15 PM
Oil prices fell more than 3% on Monday, extending last week’s losses as coronavirus cases continued to surge in the United States and Europe, while Libya’s rebound in crude production raised fears of oversupply
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Business
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Economy
10/25/2020 6:08:28 PM
In its semi-annual commodity markets outlook report, which focused on the impacts of the COVID-19 pandemic on such markets, the WB said that oil prices are expected to stabilize below pre-pandemic levels in 2021
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Business
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Economy
10/19/2020 5:07:55 PM
Nguyen's statements came during a press briefing held on Monday to launch the WB’s economic outlook update for MENA.
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Business
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Economy
10/13/2020 5:02:46 PM
Oil prices declined by 60 percent between February and April 2020 as the pandemic led to a collapse in global oil demand and concerns about storage capacity
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World
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International
10/2/2020 2:04:19 PM
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Business
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Economy
6/4/2020 5:58:36 PM
Global sugar prices have dropped on the back of the decline in oil prices, driven down by the global coronavirus pandemic
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Business
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Economy
6/3/2020 2:04:09 PM
The pandemic and collapsing oil prices brought to light the flaws of MENA economies
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Business
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Economy
5/12/2020 11:20:14 AM
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Egypt
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Politics
5/11/2020 4:46:53 PM
The petroleum minister stressed on the importance of rationalising spending amid the coronavirus crisis due to a sharp drop in global oil prices and a rising surplus of oil in global markets
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World
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Region
5/2/2020 8:44:40 PM
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Business
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Economy
4/26/2020 3:36:19 PM
‘Returning to normal life is a must for the economy, business, and for citizens. The COVID-19 outbreak has driven the oil market to its worst state,’ according to Medhat Yosef
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